Splice Machine raises $15 million to further its transactional real-time SQL-on-Hadoop database for big data applications, Carpathia and Altiscale partner for Hadoop-as-a-Service, and DataGravity is recruiting channel partners for its early-access program to take advantage of its product release later this year.
Splice Machine raises $15 million for big data applications. Big data application provider Splice Machine announced the closing of its $15M Series B round of funding. The investment is led by InterWest Partners, along with returning Series A investor Mohr Davidow Ventures (MDV). Splice Machine provides a transactional real-time SQL-on-Hadoop database for Big Data applications. It provides application developers and database architects the best of Big Data: the scalability of Hadoop and HBase, the ubiquity of SQL, and the transactional integrity of an RDBMS. After getting its first round of funding from MDV in 2012 the company has tripled its staff, engaged with over 10 charter customers, and delivered a limited product release where more than 50 enterprises validated use cases, tested SQL cover and benchmarked performance. The new funds will help the company accelerate its product development and expand its sales and marketing team in preparation for its upcoming public beta offering in the first quarter of this year. “Unlike any other SQL-on-Hadoop database, only Splice Machine supports real-time, ACID-compliant updates for both operational and analytical applications on standard Hadoop distributions,” said Bruce Cleveland, General Partner, InterWest Partners. “With its lockless transactional architecture, Splice Machine fills a critical gap in the SQL-on-Hadoop market.”
Carpathia partners with Altiscale for Hadoop-as-a-Service. Carpathia announced a partnership with Altiscale, provider of a purpose-built Apache Hadoop cloud. The strategic partnership delivers Hadoop-as-a-Service (HaaS) to enterprises, government agencies and global Software-as-a-Service (SaaS) providers looking for more powerful and cost-effective access to large-scale data processing capabilities. The Altiscale HaaS solution will be available in Carpathia's network of data centers, giving its customers a turnkey Hadoop solution. Together, Carpathia and Altiscale deliver a fully managed service that is optimized for Hadoop, providing customers with always-on access to their data, proactive monitoring of jobs, and predictable monthly pricing. "Hadoop is becoming critical for businesses as they seek to make sense of unstructured data, accelerate queries on massive datasets, uncover hidden trends, and enhance insights for predictive modeling," said Raymie Stata, CEO, Altiscale. "The Carpathia partnership and the Altiscale Data Cloud frees customers from the infrastructural and operational burdens of Hadoop, allowing them to quickly scale and pay only for the Hadoop resources they use."
DataGravity announces channel program. Early-stage company DataGravity announced it is recruiting a select group of channel partners for its early-access channel program. The DataGravity early-access channel program, which will be unveiled during the VMware Partner Exchange event, will give partners with expertise in storage, server and virtualization technology an early view into the DataGravity solution. The DataGravity platform will address the challenge of extracting insight without funding all-in data centers, or hiring IT specialists to build complex models and analyze data sets. Channel partners in the early-access program will gain the benefits of engagement so they can move quickly for their customers when DataGravity launches its solution this year. “There is tremendous demand for new, simple and cost-effective technology in both small and mid-sized companies, and the channel model is evolving into a more diversified revenue stream for both partners and tech companies," said David Siles, vice president of worldwide field operations at DataGravity. "DataGravity has created an opportunity for partners and customers to influence the development of a sustainable channel program and business that will level the playing field of unstructured data analysis, giving end users and IT teams the ability to reach actionable answers to difficult business questions.”