Katana Graph raises $28.5 million to handle unstructured data at scale

Katana Graph

Katana Graph developed its technology at the University of Texas, Austin and has helped DARPA and businesses with unstructured data.

Read More

TigerGraph raises $105 million to grow its big data analytics platform

Multi-coloured characters

TigerGraph, a Redwood City, California-based startup developing graph database tools, today announced that it’s raised $105 million in series C funding. The company says it’ll put the proceeds toward product R&D, including the forthcoming TigerGraph Cloud on Google Cloud Platform, as well as expanded multiregional support on Amazon Web Services and Azure. TigerGraph also plans to grow its reach with local support in Asia, Australia, and New Zealand as it scales up with additional hiring in the Americas, Europe, the Middle East and Africa, and Asia-Pacific.

Read More

Cloud data analytics service Phocas raises $34 million to grow AI, global footprint

Phocas Software‘s cloud data analytics tools might be best known in Australia, where they’re used by Thermo Fisher Scientific, Fiskars Royal Doulton, and Burson Automotive to streamline employee access to key financial data, but the company is planning to become more aggressive globally in 2021. Today, Phocas announced that it raised $34 million to bolster its AI capabilities and reach new customers across the world, while expanding its data tools to reach new verticals.

Read More

Pinecone emerges from stealth with $10 million to accelerate AI workloads

Pinecone AI

Pinecone, a startup developing database technology to support AI workloads, emerged from stealth with $10 million in funding.

Read More

M-Files raises $80 million for AI that automates enterprise information management

M-Files announced it has raised $80 million as the Finnish company develops AI that automates the messy process of organizing and tracking internal documents and data for enterprises. Bregal Milestone led the round, which included previous investors Partech, Tesi, and Draper Esprit.

Read More

Dremio raises $135 million to help companies rapidly analyze data

Dremio, a startup offering tools to help streamline and curate data, today announced that it raised $135 million in series D funding at a post-money valuation of $1 billion. The company says it’ll use the funds, which come nine months after a $70 million round, to invest in cloud data lake technologies that could benefit businesses looking to connect, analyze, and process data while accelerating database queries.

Read More

SingleStore raises $80 million to accelerate data analytics with relational databases

Relational database startup SingleStore (previously MemSQL) closed an $80 million funding round today, bringing its total raised to $238 million. The San Francisco-based company plans to use the funds to increase its market presence; expand its engineering team in Portugal, Ukraine, and the U.S.; and grow its customer base internationally.

Read More