Developers of visual analytics solution for big data, Zoomdata has closed a $25 million funding round led by Goldman Sachs’ Principal Strategic Investments Group that saw Comcast joining the panel of existing investors. Including this financing round, Zoomdata has raised a total of $47.2 million in private investment since its launch in 2012.
Zoomdata's patented Data Sharpening technology offers the industry’s fastest visual analytics for real-time streaming and historical data, while Zoomdata Fusion enables the joining of big data with other modern and traditional datastores. Zoomdata is the first business intelligence solution natively architected for cloud and on premises deployments using an optimized microservices delivery approach that delivers visual analysis of big data sets in seconds.
Over the past year, the company said that it has added 35 new enterprise customers including Cisco, Deloitte and Markerstudy. The company also launched its AnyCloud™ initiative to deliver optimized big data visual analytics solutions on Amazon, CenturyLink, Cisco, Google and Microsoft cloud platforms.
Justin Langseth, CEO of Zoomdata
Goldman Sachs is a world leader in financial services and leveraging technology for their clients.
Matt Carbonara, Principal at Comcast Ventures
Big data is disrupting consumer markets in every industry, including media and communications. Zoomdata is at the cutting edge of helping organizations make sense of that big data through its unique visual analytics solution on a modern data architecture.