Datameer Completes $19M Series D Funding

datameerDatameer, a San Mateo, Calif.-based provider of self-service Big Data analytics for Hadoop, completed a $19m Series D funding round.

The round was led by Next World Capital (NWC), with participation from Workday, Citi Ventures, and Software AG, and existing investors Kleiner Perkins Caufield & Byers and Redpoint Ventures. In conjunction with the funding, NWC partner Ben Fu will join Datameer’s board.

The company intends to use the funds for expansion into international markets.

Founded in 2009 and led by Stefan Groschupf, CEO, Datameer provides a self-service and schema-free Big Data analytics application for Hadoop. It features wizard-based data integration, iterative point-and-click analytics, and drag-and-drop visualizations in a single tool.
The application scales from a laptop to thousands of nodes and is available for all major Hadoop distributions.
The company now counts more than 130 brands from every major vertical as customers, including British Telecommunications, Cardinal Health, CDW, Sears, and Visa, among others.

FinSMEs

18/12/2013

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