Tuesday, June 23, 2015

AtScale Raises Funding for Business Intelligence Interface for Hadoop

AtScale, a start-up based in San Mateo, California, announced $7 million in series A funding for its business intelligence solution for Hadoop.

AtScale aims to is the glue between two fast-growing but currently disconnected markets: Big Data, estimated at $50B by Wikibon, and the Business Analytics industry, a space IDC predicts will reach $59.2B in 2018.

AtScale requires no data movement and no new visualization interface to act as the business interface for Hadoop. It provides a unified semantic layer that natively integrates with tools like Microsoft Excel, Tableau Software and Qliktech. The company says it accelerates query performance by 100 times.

The company is headed by Dave Mariani (CEO and founder), who previously was responsible for Yahoo!'s advertising and web properties. Mariani and his team processed over 30 billion events per day in Hadoop, making that data available to business users. Later, when at Klout, Mariani’s team managed a large-scale Hadoop cluster that powered a 1 trillion-row data warehouse.

http://www.AtScale.com

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