Continuuity Raises Funding

Continuuity, a Big Data startup, has received an investment of undisclosed amount.

Backers include Battery Ventures, Andreessen Horowitz, Ignition Partners, and several angel investors including Bob Pasker, Matt Ocko and The Data Collective, and Paul Ambrose.

The company, which is currently operating in stealth, intends to use the capital to accelerate engineering and product development.

Founded by Battery EIR Todd Papaioannou, CEO, Continuuity aims to enable the development of the next wave of real-time Big Data applications.
Papaioannou joined Battery Ventures as an EIR in August 2011 to identify new opportunities in Cloud Computing, Big Data, and Digital Media. For over a decade he has been building Data platforms and applications, and has held a number of senior leadership roles at leading cloud and data analytics companies, including Chief Cloud Architect at Yahoo!, VP Architecture and Emerging Technologies at Teradata, and Chief Architect at Greenplum Inc. (formerly Metapa Inc.).

FinSMEs

25/01/2012

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