Monday December 23, 2024

IBM expands its UK presence with 4 new data centers

 IBM today announced that it is launching four new data centers in the U.K. This brings IBM’s total data center footprint in the U.K. to six, in addition to 16 other locations across Europe. This is yet another example of the company’s increasing infrastructure investment. The first of these new U.K. locations in Fareham will […]

How data science and rocket science will get humans to Mars

 President Obama recently re-affirmed America’s commitment to sending a manned mission to Mars. Think your data science challenges are complicated? Imagine the difficulties involved in mining data to understand the health impacts of a trip to Mars. When sending humans “where no one has gone before,” there are a multitude of variables to consider, and […]

Zuora latest cloud company to launch predictive data product

 Zuora, the cloud company that helps SaaS companies and others manage their subscription businesses, launched Zuora Insights today, a product designed to help customers understand the nuances of the data behind the subscriptions. Like so many SaaS companies these days, Zuora understands that there is value in the data they produce on a daily basis […]

Confirmed: Periscope Data raises $25 million from Bessemer Venture Partners

 Periscope Data, the company that helps data scientists quickly turn their findings into easily digestible visualizations, has confirmed the raise of $25 million in Series B funding. We originally reported on this funding news last week, and mistakenly named the wrong lead investor. Bessemer led the round, with participation from existing investors, including DFJ, Susa […]

Periscope Data pulls in $25 million in Series B

 Periscope Data, the company that lets data scientists quickly build customized, highly detailed visualizations of their data, has signed the term sheet on a ~$25 million funding round, according to sources close to the matter. Sources told TechCrunch that the pre-funding valuation was at $100 million, and the round was led by existing Periscope Data […]

Otonomo raises $12 million to make data from connected cars useful

 Even if self-driving cars aren’t part of our daily lives yet, vehicles are becoming internet-connected at a rapid pace. Gartner predicts that one-fifth of all autos on the road, and a great majority of new vehicles being produced worldwide, will have wireless network connectivity by 2020. Yet, few organizations have access to use the data […]

Dataiku grabs $14 million for its collaborative data science platform

 French startup Dataiku has been profitable for the past three years. But the company wants to go further and is raising a $14 million Series A round led by FirstMark Capital with all existing investors also investing. Dataiku helps data scientists and data analysts manage huge sets of data to get some insights about what’s […]

Alluxio launches its memory-centric storage system for big data workloads

 Alluxio, formerly known as Tachyon, raised a $7.5 million Series A round led by Andreessen Horowitz earlier this year. Today, the company is launching the first commercial product based on its open source memory-centric distributed storage platform out of beta. The problem Alluxio aims to solve is that while most businesses now create massive amounts of data, they […]

Hangar raises $6.5 million to give companies all the drone data they want without having to fly themselves

Drones and pilots legally permitted to fly them are here in spades. So American businesses are scrambling to figure out how to use drones to gain a competitive advantage. Recent examples saw Travelers Insurance using drones to inspect properties after Hurricane Matthew, and Hahn Estate Winery using drones to monitor the health and density of […]

Facebook, Twitter cut off data access for Geofeedia, a social media surveillance startup

 According to a new study published today from the American Civil Liberties Union, major social networks including Twitter, Facebook and Instagram have recently provided user data access to Geofeedia, the location-based, social media surveillance system used by government offices, private security firms, marketers and others. As TechCrunch previously reported, Geofeedia is one of a bevy of… […]