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Speedata emerges from stealth with $70M and groundbreaking chip technology to accelerate big data analytics processing

TechCrunch

In the latest development, a startup called Speedata , which is building a processor (fabless) to cover the specific area of big data analytics, is coming out of stealth and announcing $70 million in funding to continue building its product and embark on its first commercial deals. “We are approaching a huge, not niche, market.

Big Data 246
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Quantexa raises $153M to build out AI-based big data tools to track risk and run investigations

TechCrunch

Quantexa got its start out of a gap in the market that Marria identified when he was working as a director at Ernst & Young tasked with helping its clients with money laundering and other fraudulent activity. to bring big data intelligence to risk analysis and investigations. It has now raised over $240 million to date.

Big Data 257
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Harbr raises $38.5M to help enterprises exchange and share big data troves securely

TechCrunch

Today, a new London startup called Harbr , which has built a secure platform to enable big data exchange, is announcing a big round of funding to tap into that demand. “We’re really focused on helping people to treat data as a product. for its privacy-first, federated approach to big data analytics.

Big Data 270
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Tonic is betting that synthetic data is the new big data to solve scalability and security

TechCrunch

Big data is a sham. There is just one problem with big data though: it’s honking huge. Processing petabytes of data to generate business insights is expensive and time consuming. Processing petabytes of data to generate business insights is expensive and time consuming. What should a company do?

Big Data 267
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Everstream, which applies big data to supply chain management, raises $50M

TechCrunch

Gerdeman claims that what helped Everstream stay ahead of the competition was its “big data” approach. The platform combines data based on supply chain interactions with AI and analytics to generate strategic risk scores, assessed at the material, supplier and facility location level.

Big Data 227
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As extreme weather events worsen, 7Analytics meshes AI and big data to predict flooding

TechCrunch

market, 7Analytics today announced that it has raised $2.5 ” As extreme weather events worsen, 7Analytics meshes AI and big data to predict flooding by Paul Sawers originally published on TechCrunch. Elsewhere, Australia’s FloodMapp recently raised $8.5

Big Data 233
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UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance

TechCrunch

Meanwhile, Marshmallow’s novel, big-data approach and successful traction in the market speak for themselves. Alongside that, Marshmallow will also use the funding to inch closer to its plan to expand to markets outside of the U.K. Marshmallow — a U.K.-based tech world.

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