Datameer Raises $2.5 Million For Apache Hadoop-Based Analytics Platform
Datameer, a startup that offers a big data analytics solution built on Apache Hadoop, has raised $2.5 million in Series A funding from Redpoint Ventures. John Walecka, a partner of Redpoint Ventures, has joined Datameer’s Board of Directors.
Datameer is also publicly launching its Analytics Solution, which integrated the data mining power of Hadoop with a spreadsheet interface, enabling business users to run analytics against very large data sets, with no programming required. The product is designed to help users with little to computer engineering experience handle massive amounts of data.
Current participants in the DAS beta program include companies in in security software, financial services, telecommunications and Internet research and digital insights. Datameer promises scalability and minimal IT resources required for deployment of the application.
Datameer has an impressive list of technology veterans leading the charge. Co-founder Ajay Anand was the Director of Product Management for Hadoop and Cloud Computing at Yahoo, and was responsible for driving the development and adoption of Hadoop based infrastructure for large scale data analytics across Yahoo. Fellow co-founder Stefan Groschupf was the founder of Katta, the open source distributed Lucene index project.
Cloudera, which is backed by an impressive list of investors and advisors, also commercially distributes and services based on Apache Hadoop.
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I love the profile of all the founding members..they know it better thn anyone else. All the best
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