IDC predicts that the market for technology for big data capture, storage and management is growing nearly 32 percent per year and could reach $24 billion by 2016. Lots of venture capitalists want to have a piece of this fast-growing sector.
CRN for instance did a great summary of 21 big data startups that have scored big in venture funding this year. Think of companies such as Actifio, Ayasdi, Data Gravity, Zettaset and many more.
Gil Press has created a top 10 list of most funded big data startups on Forbes:
CrunchAnalytics provides an answer based on data from CrunchBase, showing us where VCs are placing their biggest bets (name, $ funding and proposition):
Cloudera (5 rounds) $141 million Apache Hadoop-based software, services and training
MuSigma (1) 133 Data-Science-as-a-Service
Opera Solutions (1) 84 Data-Science-as-a-Service
10gen (6) 73.4 MongoDB (open-source, document database)
Gauvus (3) 70 Big data analytics solutions
ParAccel (3) 64 Analytic platform
Talend (5) 61.6 Application and business process integration platform
GoodData (5) 53.5 Cloud-based platform and big data apps
DataXu (3) 45.8 Digital marketing software
DataStax (4) 38.7 Apache Cassandra-based big data platform
Lauren Lyster reports on Yahoo Finance that “Big data investment is accelerating in the world of venture capitalists and the tech startups they are funding. The big data theme has attracted nearly $5 billion of funding over the past five years, according to the VC database CB Insights; 2012 was the biggest year of deals so far, seeing 19.5% growth from the previous year.” Read her interview with Roger Ehrenberg, founder of venture capital firm IA Ventures here.
If you are a big data startup and want to investigate VC, have a look below at the most respected venture capitalists.
Gianluigi Cuccureddu is co-founder of Damarque, helping you to improve your commercial performance through better engagement with your employees, customers and strategic business partners.
We offer high-impact training, coaching and consulting services for professionals, teams and organizations to help improve people ánd organizational performance and innovation capability in an efficient and sustainable way.