All Stories

ClearStory closes $9m to corral big data from multiple sources
/ December 5, 2012 3:33 pm

Palo Alto, Calif. – ClearStory Data, the Palo Alto-based developer of a platform designed to let business users find and analyze massive amounts of data from corporate, web and premium data sources, said on Wednesday it has raised $9 million in its first round of funding, led by Kleiner Perkins Caufield & Byers.

Previous seed investors Andreessen Horowitz and Google Ventures also participated in the round.

The company’s platform simplifies access to disparate data sources, such as relational databases, Hadoop, web and social application interfaces and third-party data providers. It also automatically manages data harmonization and enables interactive analysis at scale.

“We’ve seen incredibly strong demand… from a wide range of industries as data-driven organizations look for new and better ways to access and combine data from corporate and third-party sources,” said founder and CEO Sharmila Shahani-Mulligan (pictured). Mike Abbott, a managing partner at Kleiner Perkins, has joined the company’s board of directors.

This article was also published in Bay Area Tech Wire.

Related links:

ClearStory Data – http://www.clearstorydata.com

ClearStory Data – press release


Comments are closed

Get Adobe Flash player