Headquarters: Mountain View, Calif.
Treasure Data is a cloud-based analytics service that combines open source software with distributed systems technology. CEO Hiro Yoshikawa said in a statement that the combination allows Treasure Data to simplify big data so it is more usable and of more value. "With Treasure Data, customers can be in full production in days to weeks, not the months or years typically required by existing solutions," he said in a company statement. The company plans to use the funding to expand globally, according to a Sierra Ventures statement.