Friday, November 8, 2013

Jut Gets $20M For Stealthy Big Data Apps

San Francisco-based Jut, a stealth mode company developing big data software for the enterprise, said this week that it has raised $20M in a Series B funding round. The round was led by Accel Partners, and also included LightSpeed Venture Partners and Wing. The firm said it is developing a way for enterprise applications to deal with big data, but is still in stealth mode. The company is led by Steve McCanne, the co-founder of Riverbed and FastForward Networks.