Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Former Netezza Veterans Unveil Cazena to Address Big Data Accessibility & Cost

by Eileen McNulty
October 28, 2014
in BI & Analytics, News
Home Topics Data Science BI & Analytics
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on e-mail

Big data startup Cazena was announced last week by a group of veterans from the IBM-acquired Netezza, who pioneered big data appliances.

What was also announced was a Series A funding of $8 million led by Andreessen Horowitz and North Bridge Venture Partners.

Led by founder and CEO Prat Moghe, who was previously the senior vice president at Netezza, Cazena’s vision is to provide enterprises with Big data on demand – ‘to radically simplify and speed up access to big data, allowing much faster business outcomes at a fraction of the cost.’

Big data experts Jit Saxena, former founder and chairman of Netezza, and Jim Baum, former CEO of Netezza, will also serve on Cazena’s board of directors. “In the past few years, enterprises have been pushed to adapt to the widening gap between the time-intensive big data analysis process and the breakneck speed of business. To shrink this gap, we think it’s time to approach the problem anew,” said Saxena.

“Enterprises need data at their fingertips to stay competitive, which is not an easy task given issues around infrastructure, complexity of an emerging data stack and an insatiable appetite for analytics. Just as we did in the past, we see an opportunity to disrupt the space again with Cazena,” Baum further pointed out.


Join the Partisia Blockchain Hackathon, design the future, gain new skills, and win!


Peter Levine, partner at one of Cazena’s backer, Andreessen Horowitz, explained while speaking to David Harris, Tech editor at Boston Business Journal, that Cazena’s stellar team – also responsible for Netezza’s success – was one of the reasons for the funding. The other being the growing need for cloud inclusive enterprises, where Levine believes, Cazena holds ‘tremendous growth opportunities.’

Levine also informed that there will be further rounds of funding for Cazena, and ‘other cloud-related businesses in the Andreessen Horowitz portfolio.’

Read more here.

Follow @DataconomyMedia

(Image credit: Moyan Brenn)

Tags: CazenaibmNetezza

Related Posts

How did ChatGPT passed an MBA exam

How did ChatGPT passed an MBA exam?

January 27, 2023
What is Analytics as a Service (AaaS): Examples

Transform your data into a competitive advantage with AaaS

January 26, 2023
Google code red: ChatGPT and You.com like AI-powered tools threatening the search engine. Moreover, latest Apple Search rumors increased the danger.

Google code red: ChatGPT, You.com and rumors of Apple Search challenge the dominance of search giant

January 26, 2023
Top 4 business intelligence reporting tools       

Transforming data into insightful information with BI reporting

January 25, 2023
T-Mobile data breach 2023 explained: Learn how did the leak happen and explore T-Mobile data breach history. It is not the first time of the company

T-Mobile data breach 2023: The telecom giant got hacked eight times in the last six years

January 20, 2023
Microsoft layoffs 2023: Amazon job cuts that affect 11,000 employees explained. Big tech layoffs continue... Learn why and what will happen next.

Microsoft layoffs will affect more than 11,000 employees

January 18, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST ARTICLES

Fostering a culture of innovation through digital maturity

Nvidia Eye Contact AI can be the savior of your online meetings

How did ChatGPT passed an MBA exam?

AI prompt engineering is the key to limitless worlds

Transform your data into a competitive advantage with AaaS

Google code red: ChatGPT, You.com and rumors of Apple Search challenge the dominance of search giant

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy
  • Partnership
  • Writers wanted

Follow Us

  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.