DataRPM Closes $5.1M In Series A Funding For Natural Language Search Big Data Analytics Platform

DataRPM today announced the finalization of $5.1M in Series A funding in a round led by InterWest Partners. DataRPM specializes in a next generation business intelligence platform that leverages machine learning and artificial intelligence to facilitate the delivery of actionable business intelligence by means of a natural language-based search engine that allows customers to dispense with complex, time consuming data modeling and query production. DataRPM stores customer data within a “distributed computational search index” that enables its platform to apply its natural language query interface to heterogeneous data sources without modeling the data into intricate taxonomic relationships or master data management frameworks. Because DataRPM’s distributed computational search index empowers customers to run queries against different data sources without constructing data schemas that organize the constituent data fields and their relationships, it promises to accelerate the speed with which customers can derive insights from their data. Not only does the platform deliver a natural language interface, but it also performs data visualization of the requisite Google-like searches as illustrated below:

In an interview with Cloud Computing Today, DataRPM CEO Sundeep Sanghavi noted that its natural language search functionality is based on proprietary graphing technology analogous to Apache Giraph and Neo4j. The platform operates on data in relational and non-relational formats, although it currently does not support unstructured data. Available via both a cloud-based and on-premise deployment solution, DataRPM promises to disrupt Big Data analytics and contemporary business intelligence platforms by dispensing with the need for complex, time consuming and expensive data modeling as well as empowering business stakeholders with neither SQL nor scripting skills to analyze data. Today’s funding raise is intended to accelerate the company’s go-to-market strategy and correspondingly support product development in conjunction with the platform’s reception by current and future customers.

DataRPM belongs to the rapidly growing space of products that expedite Big Data analytics on Hadoop clusters as exemplified by the constellation of SQL-like interfaces for querying Hadoop-based data. That said, its natural language query interface represents a genuine innovation in a space dominated by products that render Hadoop accessible to SQL developers and analysts, as opposed to data savvy stakeholders with Google-like querying expertise. Moreover, DataRPM’s natural language search capabilities push the envelope of “next generation business intelligence” even further than contemporaries such as Jaspersoft, Talend and Pentaho, which thus far have focused largely on the transition within the enterprise from reporting to analytics and data discovery. Expect to hear more about DataRPM as the battle to streamline and simplify the derivation of actionable business intelligence from Big Data takes shape within a vendor landscape marked by the proliferation of analytic interfaces for petabyte-scale relational and non-relational databases.

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Datameer Raises $19M In Series D Funding For Its Big Data Analytics and Visualization Platform

Hadoop data analytics vendor Datameer recently announced the finalization of $19M in Series D funding. Datameer’s Series D funding raise is led by Next World Capital, with additional participation from existing investors and Workday, Citi Ventures, Software AG, Kleiner Perkins Caufield & Byers and Redpoint Ventures. Datameer specializes in analytics and data visualization on big datasets. Unlike many other business intelligence and reporting tools, Datameer’s platform is designed for Hadoop and consequently enjoys the benefits of indigenous optimization for Hadoop data integration, data management and analytics. The funding raise will be used to support the expansion of the company’s sales and operations teams to new markets and to support the continuation of its dramatic growth. Datameer is currently used by more 130 companies including Sears, Visa and British Telecom. The platform represents part of the evolving revolution in next generation business intelligence marked by increasingly advanced data visualization options, the ability to handle large, unstructured data sets and utilization of machine-based learning to simplify and streamline the user’s experience with the data in question. Today’s funding raise brings the total raised by Datameer to $36.8M. As part of the capital raise, Ben Fu, Partner at Next World Capital will join the Datameer Board of Directors.