Welcome!

@BigDataExpo Authors: Yeshim Deniz, Alberto Pan, Elizabeth White, Pat Romanski, ManageEngine IT Matters

News Feed Item

ClearStory Data Raises $21 Million to Speed Disparate Data Analysis and Make It Simple for Everyone

Series B Funding Includes Andreessen Horowitz, DAG Ventures, Google Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers

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.

Media Contact
LaunchSquad for ClearStory Data
clearstory [at] launchsquad [dot] com
415-625-8555

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@BigDataExpo Stories
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, provideed economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session also included a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Infrastructure is widely available, but who’s managing inbound/outbound traffic? Data is created, stored, and managed online – who is protecting it and how? In his session at 19th Cloud Expo, Jaeson Yoo, SVP of Business Development at Penta Security Systems Inc., discussed how to keep any and all infrastructure clean, safe, and efficient by monitoring and filtering all malicious HTTP/HTTPS traffic at the OSI Layer 7. Stop attacks and web intruders before they can enter your network.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
"We analyze the video streaming experience. We are gathering the user behavior in real time from the user devices and we analyze how users experience the video streaming," explained Eric Kim, Founder and CEO at Streamlyzer, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
"We are a leader in the market space called network visibility solutions - it enables monitoring tools and Big Data analysis to access the data and be able to see the performance," explained Shay Morag, VP of Sales and Marketing at Niagara Networks, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...