Follow The Money: 10 Recent Tech VC Investments To Watch In December


Datameer

Headquarters: San Mateo, Calif.

CEO: Stefan Groschupf
New Funding: $19 million
Round: D
Backers: Workday, Citi Ventures, Software AG, Next World Capital (NWC) Kleiner Perkins Caufield & Byers, Redpoint Ventures

After tripling in size and rapidly growing its customer count over the past year, business intelligence company Datameer now has $19 million in venture capital funding, which it plans to use to meet growing enterprise demand and expand internationally. The company works to provide self-serve big data analytics for Hadoop, including to big name customers like Visa, Sears and CDW. "This funding is entirely about allowing us to meet the nonstop global demand for our product. Across every industry, companies are moving past Hadoop science projects and realizing they need a proven big data analytics tool that finally frees them from schemas and ETL," said Stefan Groschupf, CEO of Datameer in a prepared statement.