Altiscale Receives $30M in Series B Funding

altiscaleAltiscale, a Palo Alto, Calif.-based provider of Hadoop-as-a-Service (HaaS) solutions, received $30m in Series B funding.

The round was led by Northgate with participation from existing backers Sequoia Capital and General Catalyst Partners.

The company, which has now raised $42m, intends to use the funds to support its customer base, and bolster its marketing, sales and product development efforts.

Led by founder and CEO Raymie Stata newly hired COO Michael Maciag, Altiscale provides organizations access to a cloud purpose-built for Apache Hadoop, as well as operational expertise needed to execute complex Hadoop projects.



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