By April 25, 2013 Read More →

Big data startup Qubole raises $7 mn Series A round

Qubole, the Palo Alto, California-based big data startup launched by former Facebook executives Ashish Thusoo and Joydeep Sen Sarma last June, has raised $7 million in a Series A round of funding from Charles River Ventures, Lightspeed Venture Partners and angel investors Venky Harinarayan and Anand Rajaram. The company operates a development center in Bangalore.

qubole

“We have reached a critical point where our model has been validated by customers and investors alike,” Thusoo said in a press release yesterday. The company recently passed the milestone of crossing the half petabyte mark in processed data volume since coming out of beta. Prior to starting Qubole, Thusoo and Sen Sarma built and ran Nasdaq-listed social networking company Facebook’s data service and scaled it to over 25 petabytes of data with hundreds of users and tens of thousands of queries every day. They also founded and authored Apache Hive, helped build key parts of the Hadoop ecosystem such as the Fair Scheduler and RCFile and brought Apache HBase to Facebook.

Qubole Data Service is optimized for the cloud and is focused on making analytics easy and accessible to businesses of all sizes. The data engine enables users to integrate and consolidate data from multiple sources such as on-premise and cloud, structured and unstructured, and provide instant access through analytic tools. Users of the Qubole platform don’t require a team of specialists to put together a big data stack. The current client list include MediaMath, PubSquared and YdWorld. The company serves customers in ecommerce, ad tech, web and mobile applications and gaming.

Image credit: Qubole

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