Splice Machine, a San Francisco, CA-based data platform for operational artificial intelligence (AI), raised $16m in funding.
The round, which brought total funding to $58M to date, was led by GreatPoint Ventures (GPV), with participation from Accenture Ventures, Allen Miner, CEO of the SunBridge Group, who was responsible for founding Oracle Japan, Salesforce.com Japan, and Concur Japan.
The company intends to use the funds to further innovate its data platform, expand its global go-to-market team, and grow its distributed engineering and customer success teams across the U.S. and around the world.
Led by Monte Zweben, Co-Founder and CEO, Splice Machine is a new AI data platform, which powers intelligent applications that are into the operational workflows of companies.
A scale-out SQL RDBMS, data warehouse and machine learning platform in one, Splice Machine is open source and is built upon the Apache Hadoop, HBase, and Spark distributed platforms. It can be deployed on-premise or as a fully-managed cloud service.
The company serves companies in financial services, healthcare, retail, manufacturing and logistics industries.