Qubole Garners $30,000,000 Series C Funding Round

  • Feed Type
  • Date
    1/21/2016
  • Company Name
    Qubole
  • Mailing Address
    520 San Antonio Road Mountain View, CA 94040 USA
  • Company Description
    At Qubole, we are busy building the next generation cloud data platform. We believe a new approach is needed – one that hides the complexity commonly associated with storing and managing data and instead provides a fast, easy path to analysis and business insight.
  • Website
    http://www.qubole.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Qubole will use this funding to expand the availability of Qubole Data Service (QDS), a self-service platform for big data analytics, and to integrate new data engines so customers can choose the right tool for their data analytics needs. The company plans to target several new verticals, including Internet of Things (IoT), life sciences and retail. Additionally, the company will target larger enterprises that are accelerating their usage of the cloud. It will also expand its customer acquisition efforts in the APAC and EU regions.
  • M&A Terms
  • Venture Investor
    IVP
  • Venture Investor
    CRV
  • Venture Investor
    Lightspeed Venture Partners
  • Venture Investor
    Norwest Venture Partners

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