Concurrent Reaps $4 Million
CEO: Gary Nakamura
Concurrent (http://www.concurrentinc.com) raised $4 million in Series A venture capital in March. Investors included True Ventures and Rembrandt Partners. The company raised a $900,000 seed investment in August 2011.
San Francisco-based Concurrent developed the open-source Cascading framework that simplifies the development, deployment and management of big data applications on Apache Hadoop. Founder Chris Wensel recently took on the company's CTO role and software industry veteran Gary Nakamura was appointed CEO.