Friday, November 8, 2013

Jut Raises $20 Million for Big Data Acceleration

Jut, a start-up based in San Francisco, announced $20 million in series B funding for its work in Big Data solutions for enterprises.  The company is still in stealth mode and has not announced any products.  Investors include Accel, LightSpeed, and Wing.

Jut was founded by Steve McCanne, who previously co-founded Riverbed Technology in 2002 and served as its CTO until February 2013.