Datameer Snags $40M Series E for International Expansion

Datameer, the San Francisco-based data analytics provider, has received a $40 million round of Series E funding to help it expand globally. The company was founded in 2009 and uses the open source Hadoop distributed computing framework, meant to help businesses run analytics of large data sets, Datameer says. The Series E round was led by ST Telemedia, along with Top Tier Capital Partners, Kleiner Perkins Caulfield & Byers, Redpoint, Next World Capital and Software AG. Nikhil Eapen, chief strategy and investment officer of ST Telemedia, is joining Datameer’s board. The company says Eapen has extensive knowledge of communications, media, and technology in Asia.

David Holley is Xconomy's national correspondent based in Austin, TX. You can reach him at dholley@xconomy.com Follow @xconholley

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