By Maureen O'Gara | Article Rating: |
|
January 30, 2013 09:30 AM EST | Reads: |
5,916 |

DataGravity, an early-stage company whose mission is to turn Big Data into information simply, has raised a $30 million B round led by Andreessen Horowitz. Andreessen partner Peter Levine gets a seat on the board.
Previous investors Charles River Ventures and General Catalyst Partners, which kicked the start-up off with a $12 million A round, also participated.
DataGravity said it will use the money for product development as well as marketing and sales.
It's trying to develop products that remove the need for complex software packages to extract value and information from stored data. It's expecting to field its first product next year.
The company's founders includes CEO Paula Long, one of the founders of EqualLogic, which was acquired by Dell for $1.4 billion in 2008, and president John Joseph, the former VP of marketing and product management at EqualLogic.
The Nashua, New Hampshire-based start-up is supposed to be positioned to be in front of a potentially enormous market and Levine expects the funding "to move it forward in addressing the enterprise mandate to radically change the way IT extracts information from data."
Published January 30, 2013 Reads 5,916
Copyright © 2013 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara
Apr. 25, 2018 10:15 AM EDT Reads: 4,310 |
By Yeshim Deniz Apr. 25, 2018 10:15 AM EDT Reads: 2,723 |
By Pat Romanski Apr. 25, 2018 10:00 AM EDT Reads: 2,355 |
By Yeshim Deniz Apr. 25, 2018 09:30 AM EDT Reads: 1,708 |
By Liz McMillan ![]() Apr. 25, 2018 09:30 AM EDT Reads: 2,208 |
By Liz McMillan ![]() Apr. 25, 2018 09:30 AM EDT Reads: 5,679 |
By Liz McMillan ![]() Apr. 25, 2018 09:00 AM EDT Reads: 5,581 |
By Liz McMillan Apr. 25, 2018 08:00 AM EDT Reads: 2,925 |
By Pat Romanski ![]() Apr. 25, 2018 07:15 AM EDT Reads: 3,960 |
By Liz McMillan ![]() Apr. 25, 2018 07:00 AM EDT Reads: 4,962 |
By Pat Romanski Apr. 25, 2018 06:15 AM EDT Reads: 1,848 |
By Yeshim Deniz ![]() Apr. 25, 2018 04:45 AM EDT Reads: 5,205 |
By Liz McMillan ![]() Apr. 25, 2018 04:45 AM EDT Reads: 6,241 |
By Pat Romanski ![]() Apr. 25, 2018 04:30 AM EDT Reads: 4,266 |
By Elizabeth White ![]() Apr. 25, 2018 04:15 AM EDT Reads: 3,520 |
By Elizabeth White ![]() Apr. 25, 2018 04:00 AM EDT Reads: 4,980 |
By Elizabeth White Apr. 25, 2018 04:00 AM EDT Reads: 1,977 |
By Liz McMillan ![]() Apr. 25, 2018 03:45 AM EDT Reads: 5,376 |
By Elizabeth White ![]() Apr. 25, 2018 03:15 AM EDT Reads: 4,872 |
By Liz McMillan ![]() Apr. 25, 2018 03:00 AM EDT Reads: 3,999 |
By Elizabeth White Apr. 25, 2018 01:30 AM EDT Reads: 7,723 |