|By Marketwired .||
|March 31, 2014 07:30 AM EDT||
PALO ALTO, CA -- (Marketwired) -- 03/31/14 -- ClearStory Data, the company that's bringing Data Intelligence to everyone, today announced it has raised $21 million in Series B funding. New investor DAG Ventures leads the round, with additional investments from Andreessen Horowitz, Google Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers (KPCB). The round brings ClearStory Data's total funding to $31.5 million and positions the company for fast growth based on its next-generation approach to making disparate data analysis fast and simple for anyone across organizations large and small.
ClearStory Data also announced that former Google SVP Shona Brown, who was instrumental in building Google's business and people operations, joins the company's Board of Directors. Brown played a key role in helping Google scale from just a few hundred to 30,000+ people and become a world-changing company.
Business competition, and the availability of new data sources, leads companies to ask ever more complex and data-driven questions. ClearStory's next-generation end-to-end Data Intelligence solution speeds insightful decisions by:
- Dramatically simplifying access across disparate internal and external data
- Automating data harmonization and blending
- Enabling fast exploration and rich collaborative analysis.
Unlike last-generation data analysis solutions, ClearStory removes the complexity for the end user and brings more data, faster, to more people across the organization. ClearStory's technology combines a powerful data-processing and data-intelligence platform with a simple user application that harmonizes disparate data to help inform decisions and collaboratively drive new insights.
"ClearStory Data has a huge opportunity to lead a new era in which fast data-driven decisions are the 'new normal' within any company," said Shona Brown, new ClearStory Data board member. "I'm pleased to be joining the board to help ClearStory grow into a ubiquitous data-intelligence solution that any line of business relies on to make better decisions faster."
ClearStory Data's approach quickly uncovers important answers spanning disparate data sources that other last generation and "big data analytics" technologies simply cannot because they can't scale, they require time-intensive data modeling and manipulation, and they depend on data experts and IT skill sets. ClearStory changes all that with a new approach so anyone can now access disparate data, use ClearStory's Intelligent Data Harmonization to converge data-on-the-fly, and quickly reach visual, collaborative insights all within a simple user experience. By making it easier and faster, ClearStory opens new doors for every business user and analyst.
"Data in the workplace now comes from innumerable sources and it has to get easier and faster for business users and analysts to reach answers without relying on IT or data scientists," said ClearStory Data CEO Sharmila Mulligan. "Further, there needs to be a new way for people to collaborate as data gets more abundant, for faster decision making. Our end-to-end solution combines all the data processing, intelligence, and user experience needs to achieve this. Today's investment lets us scale rapidly to shape next-generation Data Intelligence and change how companies consume data."
"It's evident that the new data landscape begs for a transformational solution and ClearStory's end-to-end approach leads the way in making data more consumable for companies big and small," said John Cadeddu at DAG Ventures. "The ClearStory Data team brings unique big-data expertise and superb design experience together to solve this problem for businesses worldwide and we look forward to helping create a market-changing company."
Experience ClearStory's Data Intelligence that's easy for anyone who needs to speed data analysis and empower collaborative decision-making by visiting www.clearstorydata.com.
About ClearStory Data
ClearStory Data is bringing next-generation Data Intelligence to everyone in order to accelerate the way businesses get answers across any number of data sources. By dramatically simplifying data access to internal and external sources, harmonizing disparate data on-the-fly, and enabling fast, collaborative exploration, ClearStory Data's end-to-end solution includes an integrated platform and incredibly simple user application. The company is backed by Andreessen Horowitz, DAG Ventures, Google Ventures, Khosla Ventures, and Kleiner Perkins Caufield & Byers (KPCB). To keep up with how the world is becoming more Data Intelligent, visit www.clearstorydata.com and follow us on Twitter @ClearStoryData.
LaunchSquad for ClearStory Data
clearstory [at] launchsquad [dot] com
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Oct. 2, 2014 10:15 AM EDT Reads: 3,188
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water,...
Oct. 2, 2014 10:00 AM EDT Reads: 1,167
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce t...
Oct. 2, 2014 08:00 AM EDT Reads: 1,342
IoT is still a vague buzzword for many people. In his session at Internet of @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, will discuss the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. The presentation will also discuss how IoT is perceived by investors and how venture capitalist access this space. Other topics to discuss are barriers to success, what is n...
Oct. 1, 2014 10:00 PM EDT Reads: 1,854
All major researchers estimate there will be tens of billions devices – computers, smartphones, tablets, and sensors – connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be!...
Oct. 1, 2014 05:00 PM EDT Reads: 2,422
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential. The DevOps Summit at Cloud Expo--to be held November 4-6 at the Santa Clara Convention Center in the heart of Silicon Valley--will expand the DevO...
Oct. 1, 2014 02:30 PM EDT Reads: 1,548
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation...
Sep. 30, 2014 10:30 AM EDT Reads: 1,618
The Internet of Things (IoT) promises to create new business models as significant as those that were inspired by the Internet and the smartphone 20 and 10 years ago. What business, social and practical implications will this phenomenon bring? That's the subject of "Monetizing the Internet of Things: Perspectives from the Front Lines," an e-book released today and available free of charge from Aria Systems, the leading innovator in recurring revenue management.
Sep. 27, 2014 09:45 PM EDT Reads: 2,548
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges.
Sep. 27, 2014 08:45 PM EDT Reads: 2,434
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at 6th Big Data Expo®, Hannah Smalltree, Director at Treasure Data, to discuss how IoT, B...
Sep. 27, 2014 01:00 PM EDT Reads: 2,097
Quantum is a leading expert in scale-out storage, archive and data protection, providing intelligent solutions for capturing, sharing and preserving digital assets over the entire data lifecyle. They help customers maximize the value of these assets to achieve their goals, whether it’s top movie studios looking to create the next blockbuster, researchers working to accelerate scientific discovery, or small businesses trying to streamline their operations. With a comprehensive portfolio of best-i...
Sep. 26, 2014 11:15 PM EDT Reads: 1,541
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, will discuss single-value, geo-spatial, and log time series ...
Sep. 26, 2014 07:45 PM EDT Reads: 2,352
SimpleECM is the only platform to offer a powerful combination of enterprise content management (ECM) services, capture solutions, and third-party business services providing simplified integrations and workflow development for solution providers. SimpleECM is opening the market to businesses of all sizes by reinventing the delivery of ECM services. Our APIs make the development of ECM services simple with the use of familiar technologies for a frictionless integration directly into web applicat...
Sep. 26, 2014 05:30 PM EDT Reads: 1,303
Software is eating the world. Companies that were not previously in the technology space now find themselves competing with Google and Amazon on speed of innovation. As the innovation cycle accelerates, companies must embrace rapid and constant change to both applications and their infrastructure, and find a way to deliver speed and agility of development without sacrificing reliability or efficiency of operations. In her keynote DevOps Summit, Victoria Livschitz, CEO of Qubell, will discuss ho...
Sep. 26, 2014 04:45 PM EDT Reads: 1,922
Dyn solutions are at the core of Internet Performance. Through traffic management, message management and performance assurance, Dyn is connecting people through the Internet and ensuring information gets where it needs to go, faster and more reliably than ever before. Founded in 2001 at WPI, Dyn’s global presence services more than four million enterprise, small business and personal customers.
Sep. 26, 2014 01:45 PM EDT Reads: 1,043
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. Over the summer Gartner released its much anticipated annual Hype Cycle report and the big news is that Internet of Things has now replaced Big Data as the most hyped technology. Indeed, we're hearing more and more about this fascinating new technological paradigm. ...
Sep. 26, 2014 10:00 AM EDT Reads: 2,146
You use an agile process; your goal is to make your organization more agile. But what about your data infrastructure? The truth is, today’s databases are anything but agile – they are effectively static repositories that are cumbersome to work with, difficult to change, and cannot keep pace with application demands. Performance suffers as a result, and it takes far longer than it should to deliver new features and capabilities needed to make your organization competitive. As your application an...
Sep. 25, 2014 11:00 PM EDT Reads: 1,552
SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer's customers range from Web startups to global enterprises. Products and services include bare metal and virtual servers, networking, turnkey big data solutions, private cloud solutions, and more. SoftLayer's unique advantages include the industry's first Network-Within-a-Network topology for true out-of-band access, and an easy-to-...
Sep. 25, 2014 11:00 PM EDT Reads: 1,386
Despite the fact that majority of developers firmly believe that “it worked on my laptop” is a poor excuse for production failures, most don’t truly understand why it is virtually impossible to make your development environment representative of production. When asked, the primary reason for the production/development difference everyone mentions is technology stack spec/configuration differences. While it’s true, thanks to the black magic of Cloud (capitalization intended) with a bit of wizard...
Sep. 25, 2014 06:00 PM EDT Reads: 1,201
SYS-CON Events announced today that AppDynamics will exhibit at DevOps Summit Silicon Valley, which will take place November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Digital businesses like yours need a way to turn data into actual results. AppDynamics is ushering in the next digital age – the age of the software-defined business. AppDynamics’ mission is to deliver true application intelligence that helps your software-defined business run faster, leaner, and more ef...
Sep. 25, 2014 05:45 PM EDT Reads: 1,411