GridGain, a company that makes an in-memory database for companies that need to process large amounts of data rapidly, announced that it has closed a $10 million Series B round of funding.
Analyzing big data doesn’t have to be an expensive and drawn out affair. A company called Precog has launched a simple, drop-in app developers can use to collect and analyze vast amounts of data for product features like recommendations, reporting, predictions, and real-time decision-making.
It was less than six months ago that RTP Ventures opened its U.S. arm in New York, giving it $100 million out of its $750 million fund to make investments. Now, senior managing director Kirill Sheynkman has added two new staffers, bringing on Murat Bicer in Boston and Jalak Jobanputra in New York.