New money backing data demand
In his Weekly Update, Andrew Brust, the Gigaom Research research director for data, notes ‘Spark Summit sparks new funding, new releases’. He takes a look at the natural next step in the burgeoning market for advanced analytics capabilities–which is more venture funding. Headlining the trend was $110 million in new resources for MapR and $33 million in Series B funding for Databricks.
