Okera (previously known as Cerebro Data), a San Francisco, CA-based data management company, launched out of stealth mode with $12m in Series A venture capital funding.
The round, which brings the total amount raised to date to $14.6m, was led by Bessemer Venture Partners, with participation from existing investors Felicis Ventures and Capital One Growth Ventures. In conjunction with the funding, Ethan Kurzweil, Partner at Bessemer Venture Partners, and Wesley Chan, Managing Director at Felicis Ventures, joined Okera’s Board of Directors.
The company intends to use the funds to accelerate operational growth.
Led by Amandeep Khurana, co-founder and CEO, Okera provides the Active Data Access Platform, which sits in between large data lakes and analytics tools and frameworks as an enterprise-wide platform that facilitates the provisioning, access, governance and auditing of data across multi-cloud, multi-data format and multi-tool environments.
Customers include Fortune 500 companies across multiple industries.
FinSMEs
22/05/2018