Guavus Raises $30 Million for Big Data Analytics
Here’s a roundup of some of this week’s headlines from the Big Data sector:
Guavus raises $30 million. Big data analytics company Guavus announced it has closed a $30 million round of new funding. Investor Growth Capital (IGC) led the round with participation from QuestMark Partners and previous investors Artiman Ventures, Sofinnova Ventures and Intel Capital. Guavus will use the funds to expand its core products and scale operations in support of rising global demand for its big data analytics solutions. Historically Guavus’ analytics solutions have served tier-1 communications service providers in providing insights that span across network, device, content and subscriber analytics. “The explosion in sensor, operational and network data presents an unprecedented opportunity for businesses in every industry to deliver and optimize services, continuously,” said Anukool Lakhina, founder and CEO of Guavus. “To generate value from this data, they need a new data fabric that fuses disparate sources of data streaming on the network with existing information systems, and provides contextually-aware decisioning applications that can be used to trigger business processes at the exact moment of need. New investors IGC and QuestMark, along with our existing investors, recognize that our success with some of the world’s largest carriers coupled with this round of investment positions us for long term growth as we look to expand our proven solutions globally.”
Teradata selected by Lidl. Teradata (TDC) announced that retail store chain Lidl will upgrade its existing enterprise data warehouse with new Teradata technology including Teradata Virtual Storage (TVS) and Teradata database 13.1. With the upgrade Lidl can analyze huge amounts of data more efficiently, and with the generated insights it can take the best business decisions possible to further increase growth, customer satisfaction and customer experience across all channels. Lidl will use several Teradata Active Enterprise Data Warehouse 6680 platforms, with unique options to manage storage performance optimized to meet needs. The Active EDW 6680 is delivered with solid state disks and conventional hard disk storage along with the TVS solution, which automatically tracks the usage of data, and then intelligently migrates it to the appropriate storage type. “Lidl has a clear roadmap to move forward with a more active approach to data warehousing”, said Hermann Wimmer, President, International, Teradata. ”As more business users are leveraging the Teradata platform for better and more timely insights into ever-changing demands of customers, the data warehouse is increasingly becoming a decisive success-factor for the company facing a highly competitive retail market.”
Cloudera selected by ExactTarget. Cloudera announced that ExactTarget, global interactive marketing provider, has deployed Cloudera Enterprise to help manage their data warehouse to improve operational efficiency. ExactTarget will make use of Cloudera Enterprise, a subscription-based service designed to provide visibility, reliability, automation and support for the CDH (Cloudera’s Distribution Including Apache Hadoop) platform. ”In order to connect with today’s hyper-connected consumer, marketers rely on real-time information and insights to deliver timely, relevant interactions,” said Tim Horoho, vice president of Infrastructure at ExactTarget. “Cloudera Enterprise provides us with the tools and support we need to power real-time analytics to engage with connected consumers across the channels they use most.”
Venture Capitals do love Big Data.