“This funding is entirely about allowing us to meet the nonstop global
demand for our product. Across every industry, companies are moving past
Hadoop science projects and realizing they need a proven big data analytics
tool that finally frees them from schemas and ETL,” said Stefan Groschupf,
CEO of Datameer.
Funding in the Hadoop space is at a higher level than the pure NoSQL databases market. In the Big Data/BI market it’s easier to grasp the competitors and the market potential they’re fighting for. In the NoSQL market, many are still afraid to think that some of these players will actually make (big) dents into incumbents’ market segments.
Original title and link: Datameer raises $19 Million