Maana Closes $11M Series A Financing Round

maana_logo_Larger-Maana, a Palo Alto, California and Bellevue, WA-based developer of search engine technology for big-data-fueled solutions, closed an over-subscribed Series A financing round of $11m.

Backers included Chevron Technology Ventures, ConocoPhillips Technology Ventures, Frost Data Capital, GE Ventures, and Intel Capital.

The company, which has raised over $14m in funding, intends to use the new funds to expand its capacity to meet the demand from Fortune 500 corporations.

Led by Babur Ozden, founder and chief executive officer, and Donald Thompson, founder and chief technology officer, Maana just came out of stealth with a new search and discovery platform which, once deployed, crawls, mines, analyzes, joins, classifies, clusters, connects, and correlates to create a new knowledge structure of an asset to add discovery, personalization, recommendation, and decision support capabilities to the existing line-of-business applications.



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