Glassbeam Inc today announces $2M in additional funding by means of a capital raise led by the VKRM group. Glassbeam also revealed details of a strategic partnership with Tableau whereby Tableau can integrate with SQL-compliant extracts from Glassbeam to enable customers to more effectively visualize machine data and discern trends by way of Tableau’s powerful visualization capabilities. In an interview with Cloud Computing Today, Glassbeam CEO Puneet Pandit noted that the company plans to deepen its strategic partnership with Tableau by delivering offerings from Tableau that are specific to Glassbeam, pending the finalization of further negotiations. Moreover, Kumar Malavalli, a well known Silicon Valley technology entrepreneur, will take over as the company’s Chief Strategy Officer.
Glassbeam’s cloud-based platform is designed to ingest, process and analyze massive amounts of machine data. The platform’s deployment model involves the creation of a customized SPL file that, when deployed in the cloud, facilitates the integration of machine data into the Glassbeam platform. Glassbeam’s differentiation with the machine data analytics space involves its focus on the internet of things and the subsequent business need to rapidly transform massive amounts of complex data into actionable business intelligence. Today’s funding raise brings the total capital raised by to $8.1M. Glassbeam’s capital raise affirms its traction in the machine data space as evinced by its signing of Dimension Data as a recent customer. Expect to hear more details from Glassbeam as it continues to sharpen its product differentiation for big data analytics related to the internet of things.