Secured funding
Data startup Cirro has closed a series A round worth USD8m. The funds will enable the company to enlarge its data analytics platform and increase sales, marketing and customer support. This latest round was led by Toba Capital and included participation from existing investorsFrost Venture Partners and Miramar Venture Partners.
Founded in 2010, Cirro delivers a data federation platform for analytic data services enabling customers to access data platforms using only SQL. Simply put, Cirro provides cloud platforms that allow organisations to analyse Big Data more easily.
“There have been previous attempts to solve the challenge of ‘analyzing data in disconnected data silos’ but they haven’t fared particularly well,” Don Howren, Cirro’s vice president of sales and marketing, told VentureBeat. “Cirro is a revolutionary approach to data federation that solves data access across disparate systems without the need to move, stage, or preprocess the data which for most is both time and cost prohibitive.”
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