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Big Data, IoT, AI, Machine Learning, Data Science and FinTech news.

Couchbase Announces $60 Million Investment
News

Couchbase, a NoSQL solution marketing themselves as “the world’s most complete, most scalable and best performing NoSQL database”, have just announced a $60 million funding round, which almost doubled the amount it received from its investors. The round was lead by Accel Partners and WestSummit Capital. CEO Bob Wiederhold has

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Dataguise Offers New Solution For Big Data Governance
News

Dataguise, a provider of big data security intelligence and protection solutions, announced  the new Dataguise for Data Governance™ suite this week at the Gartner Security and Risk Management Summit. The suite allows organizations to declare policies, discover sensitive data, view and track entitlements, and audit access to sensitive data — automated across

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Dell, Intel And Cloudera Collaborate On Integrated System For Big Data Management
News

Cloudera, Dell and Intel are collaborating on the creation of dedicated Dell In-Memory Appliances for the Cloudera Enterprise. The appliances will help integrate the hardware and software, with a view to boosting real-time analytics performance. The In-Memory Appliances will be the first in a group of collaborative developments, which will

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Cambridge-Based Big Data Analytics Startup Raises $6.25M
News

Coherent Path, a cloud-based analytics platform designed for retailers to tailor their marketing efforts to individual customers, announced on Wednesday that it has raised $6.25 million in Series A funding. Sigma Prime and GrandBanks Capital led the investment round, with participation from CommonAngels. “The team at Coherent Path is excited

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Move Over, Mapreduce- Google'S Cloud Dataflow Has Arrived
News

Several big announcements came out of the Google I/O Conference in San Francisco yesterday, one of the more significant of which was Google’s decision to do away with MapReduce, the system which originally inspired Hadoop. Google apparently stopped relying on MapReduce “years ago”, according to Urs Hölzle, Google’s Senior VP

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Jaspersoft For Aws Surpasses 1,000 Active Customers
News

On Tuesday, TIBCO Software announced that more than 1,000 active customers have subscribed to the “pay-as-you-go” TIBCO Jaspersoft for AWS. The company also announced the general availability of its newly released Jaspersoft 5.6 on Amazon Web Services Marketplace. “Jaspersoft 5.6′s improved Big Data capabilities, increased performance and Visualize.js JavaScript API,

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Aerospike Gain $20 Million Funding, Plan To Expand Into New Markets
News

Aerospike have been making serious waves as a NoSQL solution for the advertising industry, due to their ability to process millions of transactions every second. It comes as little surprise, then, that they’ve managed to secure a $20 million series C round of venture capital. The round was led by

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Three Forecasts You Should Know: Big Data, Business Intelligence &Amp; Analytics
BI & AnalyticsNews

Follow @DataconomyMedia (Big Data) Hadoop Market Expected to Grow 25x by 2020: According to a report by Allied Market Research, the global market for Hadoop along with related hardware, software and services is expected to grow at a Compound Annual Growth Rate (CAGR) of 58.2 percent between 2013 and 2020.

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Rainstor Announces New Archive Application For Hadoop 2.0
News

Follow @DataconomyMedia RainStor, a database designed to manage and analyse big data, announced on Tuesday the availability of a new Archive Application for Hadoop 2.0 with its latest release of RainStor 6. The new feature is designed to make it easier for storage administrators to deploy an end-to-end solution on Hadoop

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Ibm Looking To Put Watson To The Test With Ny'S Startups
Machine LearningNewsStartups

Earlier this month, we reported on IBM’s Watson Mobile Developer Challenger Challenge, where IBM held an elite competition to give top developers access to their supercomputer Watson. Now, the Watson team are what VentureBeat is calling a “hiring binge”, trying to source to top minds in New York’s startups to

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