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Luminoso Lands $6.5M In Series A To Keep Building Cloud Text Analytics Service
Luminoso, a Cambridge, MA-based text analytics company announced $6.5M in Series A funding today, led by Acadia Woods with Digital Garage also participating. That brings their total funds raised to $8M. Luminoso was born out of research at the MIT Media Labs and spun off in 2010. After getting their seed funding in 2012, they have continued to develop the product, which provides text analytics… Read More
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Databricks Snags $33M In Series B And Debuts Cloud Platform For Processing Big Data
Databricks, the commercial entity created by the developers of the open source Apache Spark project, announced $33M in Series B funding today and the launch of a new cloud product, their first one as a company. There is little doubt that big data is a big deal these days and companies are popping up to help customers process the data. Databricks hopes to simplify the entire matter by moving it… Read More
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ThoughtSpot Grabs $30M In Series B Funding To Modernize Business Intelligence
ThoughtSpot, a startup that hopes to modernize the way companies do business intelligence, announced $30 million in Series B funding today led by Khosla Ventures with help from existing investor Lightspeed Venture Partners.
The funding brings its total to $40.7 million to date. As part of the deal, Keith Rabois, who is a partner at Khosla Ventures, will join the ThoughtSpot board of directors. Read More
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