Big data is being noticed
Data analytics software Zoomdata has raised USD4.1m in a round of funding led by Columbus Nova Technology Partners, with further participation coming from B7, CIT and Razor’s Edge Ventures.
Zoomdata says the investment will be used to hire additional engineers and establish a new office in Silicon Valley. The Virginia-based firm develops an analytics system that handles big data for businesses. It covers multiple data streams and produces real-time interactive visuals to produce the findings. The software is compatible with desktops and iPads.
“We are bringing the power of big data analytics to the 99%–the non-data geeks of the world, who are thirsting for a simple, intuitive, and collaborate way to leverage the power of big data. Instead of requiring top-down data modeling and ETL, Zoomdata builds a corporate ‘data quilt’ from the grass roots up,” said Zoomdata CEO Justin Langseth. “We also empower a new class of ‘data artists’ to create fundamentally new ways to represent data, that can then trigger viral loops of adoption of visual analytics across an organization.”
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