Karmasphere Secures $5,000,000 Series A Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f878217b-c292-4e44-a7da-e551434057d7&Preview=1 -
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
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Venture Investor
Hummer Winblad Venture Partners -
Venture Investor
U.S. Venture Partners
