The 10 Biggest Software Stories Of 2013


2. Big Data Investment Goes Nuts

Big data was already a big deal in 2012, but this year the amount of money funneled into startups that promise to help enterprises unlock value from previously impenetrable data stores became a torrent.

In July, DataStax, a next-generation database startup that claims it's stealing customers from Oracle, landed a $45 million series D funding round and said it's preparing to go public.

Also on track for an IPO is Hortonworks, which scored $50 million in VC funding in June that brought its total financing to date to $120 million. Big data analysis software startup Wibidata landed $15 million in May, and Databricks raised $14 million from Andreessen Horowitz.

Big data is not making a huge impact in the channel, but given the impressive momentum in this segment, that's probably going to change in 2014.

 



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