Karmasphere Secures $5,000,000 Series A Financing Round

  • Feed Type
  • Date
    4/8/2010
  • Company Name
    Karmasphere
  • Mailing Address
    2735 Sand Hill Road Menlo Park, CA 94025
  • Company Description
    Karmasphere is a business analytics software company bringing Apache Hadoop power to the desktop. Karmasphere enables companies to unlock the competitive advantages within their large datasets by providing an easy-to-use class of client-side software. Karmasphere’s first product, Karmasphere Studio: Community Edition, is currently available for download at www.karmasphere.com.
  • Website
    http://www.karmasphere.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The money raised will be used to further commercialize Karmasphere’s software for analyzing very large data sets or, what is commonly called, Big Data.
  • M&A Terms
  • Venture Investor
    Hummer Winblad Venture Partners
  • Venture Investor
    U.S. Venture Partners

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