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Sunday, 20 November 2011
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Accel $100m Fund for Big Data, Hadoop, and NoSQL Databases

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Promising times for companies in the data space:

With its new $100 million Big Data Fund, the VC firm’s offices across the globe will invest in applications that help form an ecosystem around existing big data building blocks such as Hadoop and NoSQL. […] Rather, he’s looking for companies that add to Hadoop, NoSQL, solid-state drives or other building blocks by tuning them to become easily consumable analytics engines or by creating products to help users better visualize what their data looks like. Taking it a step further, Li is also interested in applications that might not play up their big data roots at all because the underlying technologies are just a means to an end.

Original title and link: Accel $100m Fund for Big Data, Hadoop, and NoSQL Databases (NoSQL database©myNoSQL)

via: http://gigaom.com/cloud/accel-forms-100m-fund-to-feed-big-data-apps/