Tuesday, August 18, 2015

Datameer Takes $40M For Big Data Analytics Tools

San Francisco-based Datameer, a developer of software which provides a spreadsheet-like interface to Big Data, announced this morning that it has raised $40M in a funding round. The funding was led by ST Telemedia, and also included Top Tier Capital Partners, along with Kleiner Perkins Caulfield & Byers (KCPB), Redpoint, Next World Capital, Software AG and Citi Ventures. Datameer said ST Telemedia's Nikhil Eapen, chief strategy & investment officer and executive vice president, will join its board. Datameer is led by Stefan Groschupf and has now raised over $76M in funding. More information »