10 Hot Tech Startups For May

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WibiData Captures $15 Million In Venture Funding

Wibidata develops big data applications that help businesses collect and analyze huge volumes of data in real time. Built on the Kiji project open-source framework, Wibidata's software manages and analyzes huge volumes of data about user behavior, including profile data and log-oriented transactional data, consolidated in one location.

This month San Francisco-based Wibidata raised $15 million in venture financing, providing funding the company will use to accelerate its product engineering and development work and ramp up sales and marketing efforts.

The second-round funding was led by Canaan Partners, a new investor, which was joined by New Enterprise Associates and Google Chairman Eric Schmidt, who participated in the company's Series A funding. The CEO is Christophe Bisciglia who co-founded Cloudera.


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