Upsolver enables no-code data analytics in the cloud with $25M funding

Upsolver

Upsolver, a no-code startup that enables analytics on cloud data lakes, this morning announced that it raised $25 million in financing led by Scale Venture Partners. The company, which also today launched a free community edition of its product, says the funds will be used to hire engineers and scale its go-to-market efforts.

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Big data analytics firm Dataminr raises $475M to fund platform expansion

Dataminr

Dataminr, a New York-based company specializing in AI that provides real-time information to customers, today announced it has raised $475 million at a post-money valuation of $4.1 billion. The company says the capital will be used to accelerate the growth of its corporate business line, which spans physical safety and security, reputation risk and crisis management, business intelligence, and cyber threat detection.

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Splice Machine 3.1 enhances support for real-time AI deployments

Hand

Splice Machine, a startup that offers offline and batch analysis tools to power intelligent apps for operational workflows, today launched version 3.1 of its platform. Splice Machine 3.1 introduces new features and functionality to support enterprises with real-time AI projects, including resource elasticity support on Kubernetes, GPU support, and extensions to Spark’s machine learning libraries.

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AI in health care creates unique data challenges

The health care industry produces an enormous amount of data. An IDC study estimates the volume of health data created annually, which hit over 2,000 exabytes in 2020, will continue to grow at a 48% rate year over year. Accelerated by the passage of the U.S. Patient Protection and Affordable Care Act, which mandated that health care practitioners adopt electronic records, there’s now a wealth of digital information about patients, practices, and procedures where before there was none.

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Isima emerges from stealth with $10 million to apply intelligence to real-time data

Isima today emerged from stealth with $10 million in funding to launch a data convergence platform called BiOS. The company asserts its solution can reduce or even eliminate disparate databases while improving overall speed and reliability.

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