MapR Technologies, Inc., a San Jose, CA-based provider of a Converged Data Platform that fully integrates analytics with operational processes in real time, raised $56m in equity funding.
Backers included Lightspeed Venture Partners and other existing investors.
The company will use the funds to continue product innovation of the enterprise platform for all data, accelerate country and regional growth to fulfill the demand throughout APAC and Europe, and bolster the global partner community.
Led by Matt Mills, CEO, MapR Technologies provides a converged data platform that enables customers to harness the power of big data by combining analytics in real-time with operational applications and improving business outcomes. In Q2, the company introduced MapR-XD, a cloud-scale data store to manage files and containers. As part of the MapR Converged Data Platform, MapR-XD supports any data type from the edge to the data center and multiple cloud environments with automatic policy-driven tiering from hot, warm or cold data and enables customers to create vast, global data fabrics which are ready for analytical and operational applications making it easier to operationalize data.
Amazon, Cisco, Google, Microsoft, SAP, and other businesses are part of the global MapR partner ecosystem while Global 2000 companies are deploying the platform around the world including American Express, Audi, Cisco, Ericsson, HPE, Novartis, NTT Security, SAP, UnitedHealthcare and Wells Fargo.