Tuesday, September 24, 2013

NGDATA Finds $3.3M For Big Data Software

San Francisco-based NGDATA reported today that it has raised $3.3M for its big data software, which it is targeting at the financial services, telecom and media/publishing industries. The funding was led by Capricorn Venture Partners, and also included Sniper Investments and angel investors. NGDATA's big data software is being applied to customer analysis, to reduce customer churn, increase marketing effectiveness, and help with upsell. NGDATA's CEO is Luc Burgelman. The firm has major operations in Beligum, in addition to San Francisco. More information »