Zettaset, a company that helps its customers deploy Hadoop, the open source computing framework that can process large data-sets, has closed a $10 million funding round.
The Mountain View-based startup develops software to securely integrate “big data” into customers’ existing environments. The company uses all manner of buzz words to describe its “robust and secure turn-key” technology, but its value for database analysts and developers is to help them manage a large volume of messy data.
New investor in the company, Highbar Venture’s John Kim, said the company is positioned to be the “big data management platform of choices for businesses of all sizes.” But the company faces stiff competition from venture-funded startups like Datastax, as well as incumbents like Dell-owned Quest and EMC.
Founded in 2007, the company was originally called “GoToMetrics”, and was billed as a modern “business intelligence” tool. This term subsequently fell out of favor in enterprise circles. Now a “big data management” company, the goal is to help customers break down vast stores of internal and external data from myriad sources, such as SQL, Twitter, Oracle and RSS Feeds. The technology can spot trends and find patterns in the data, and inform business and marketing strategies.
The company will use the additional funding to bolster its sales and marketing efforts to gain more enterprise customers.
Zettaset’s second round was led by Highbar Ventures, with additional investment from Brocade, Epic Ventures, and storied Silicon Valley venture capital firm, Draper Fisher Jurvetson.
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