Connotate raises $7M to help companies monitor and collect big data in real time

You’ve heard it before so we’ll say it again, big data is the new black. New Jersey based Connotate helps companies like AP, Reuters and Dow Jones to scour and analyze unstructured data from thousands of web sites in real-time. Today the company announced a $7 million second round of funding led by Castille Ventures, Prism VentureWorks, and .406 Ventures.