Big money in big data

Venture capitalists are increasingly looking at big data as the next opportunity. Storage and networking is the obvious leader, but interest is now migrating to the companies building big data apps.

When Jason Goldberg set out to raise a new round of funding for his flash sales site, he dispensed with the usual PowerPoint presentations and instead gave potential investors a look at the crown jewels: the "dashboard" of real-time analytics that can instantly spot trends and enable the site to tweak its offerings on the fly.

The company soon closed a $US40 million round of funding from blue-chip venture capitalists including Andreessen Horowitz.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles