In US, SlamData Secures $6.7M Series A to Support Modern Data in the Enterprise

Jeff Carr

Jeff Carr

Boulder, Colo., February 23, 2017 – Chris Dima, Technology and Media Entrepreneur, SlamData, writes:  SlamData Inc., the leading open source analytics company for modern unstructured data today announced that it has raised a $6.7M Series A funding round, led by Shasta Ventures. The investment will drive further development of the firm’s breakthrough analytics solution: a single application for natively exploring, visualizing and embedding analytics against unstructured data sources including NoSQL, Hadoop, and cloud API’s.
 
“The BI industry has failed to help enterprises deal with the data complexity that’s spiraling out of control,” said Jeff Carr [pictured], CEO and  co-Founder of SlamData.  “SlamData has grown quickly by helping enterprises gain immediate insight into their businesses. Our customers are eliminating up to 80% of the time and costs related to the traditional way of doing business intelligence such as ETL, mapping, and data warehouses, datamarts and other forms of data prep.” More...