The amount of venture capital funding is the key indicator of financial health of an industry and here lets look after Big Data industry. Many of the startups now using Big data and it has been the emerging technology used by many of the startups and established companies. Recently Forbes has released the list of top 10 big data startups that are most funded. The list shows the aggregate amount invested in excess of $1 billion. The funding includes VC contributions as well as investments by the established companies too.
Top 10 highest funded Big Data startups
1. Cloudera ($1.040 million)
Cloudera is an America based company which provides Apache Hadoop based software, support, service and training to its business clients. It’s open source Apace Hadoop distribution targets enterprise class deployments and the company claims that more than 50% of its engineering output is donated upstream to different Apache-licensed open source projects which combine to form hadoop platform. It occupies the first place with huge $1,040 million funding.
2. Palantir ($896 million)
Palantir is also an American based software company which is specialized in data analysis and US government and other financial customers are its primary clients. Its main products are Palantir Gotham and Palantir Metropolis. The former product integrates structured and unstructured data, enables knowledge management, offers advanced search and discovery capabilities and facilitates the secure collaboration. The latter product is for data integration, quantitative analytics and information management. It has managed to get finance of $896 million.
3. Domo ($250 million)
Domo is also an another American based software company headquartered in Utah, United States. It is founded by Josh James in 2010, who is also a co-founder of web analytics company Omniture in 1996. Domo is the form of business intelligence which is an executive management platform, a service to CEOs and executives to transform the way they run their businesses. Domo has received a fund of $250 million and occupied third place.
4. MongoDB ($231 million)
MongoDB is the cross platform document oriented database and MongoDB inc is the company behind it. They build MongoDB and drivers and sell software and the services to make the life easier. MongoDB has manged to raise the fund of $231 million.
5. MuSigma ($208 million)
MuSigma is an analytical service provider company which is headquartered in Chicago, Illinois, with its main delivery center in Bangalore, India. It is founded by Dhiraj C Rajaram who is a former strategy consultant for Booz Allen Hamilton and PricewaterhouseCoopers. In 2008, it has raised its first institutional investment of $30 million and now it raised approximately $208 million funds.
6. Hortonworks ($192 million)
Hortonworks is headquartered in Palo Alto, California and it focuses on development and support of Apache Hadoop, a framework which allows the distributed processing large data sets across the clusters of computers. It is formed in June 2011 and funded by $23 million from Yahoo and Benchmark capital. It is the sponsor of Apache Software foundation. It has raised $192 million funding for now.
7. MapR ($174 million)
MapR is the California based Software company which develops and sells Apache Hadoop derived software and it contributes to the Apache-Hadoop projects like HBase, PIG, Apache Hive and Apache ZooKeeper. Its clientele features most of the fortune 500 companies. It has raised fund of approximately $174 million recently.
8. Opera Solutions LLC ($114 million)
Opera Solutions is the technology and analytics company which is mainly focused on capturing profit growth opportunities emerging from big data. It is established in 2004 and founded by Arnab Gupta and it has more than 700 employees in 30 countries. It is headquartered in New York/New Jersey with offices in many parts of the world. It managed to raise $114 million funds approximately.
9. Talend ($102 million)
Talend is an open source software which provides data integration, data management, enterprise application integration and Big data software and services and it is headquartered in Redwood city, California. It has offices in North America, Europe and Asia and its clientele include eBay, Virgin Mobile, Deutsche Post, Sony Online entertainment and Allianz. It has more than 400 employees in 7 countries.
10. Guavus ($89 billion)
Guavus is the software corporation located in San Mateo, California and it produces an operational intelligence platform which analyzes streaming data and data at rest. It is founded in 2006 by Anukool Lakhina which employs more than 500 employees which has offices in Montreal, Mexico, Singapore and UK. They have R&D base in Guargoan, India.