Kinetica Obtains $6,000,000 New Financing

  • Feed Type
  • Date
    9/27/2016
  • Company Name
    Kinetica
  • Mailing Address
    1 Sansome St. San Francisco, CA 94104 USA
  • Company Description
    Built from the ground up to scale linearly, Kinetica’s distributed, in-memory database accelerated by GPUs delivers truly real-time actionable intelligence on large, complex and streaming data sets: 100x faster performance at 1/10 of the hardware of traditional databases.
  • Website
    http://www.kinetica.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new funding will be used to fuel product development, marketing and sales growth. New top talent in the areas of operations, sales, marketing, engineering and services has been added to provide the needed infrastructure to support worldwide operations.
  • M&A Terms
  • Venture Investor
    Investor
  • Venture Investor
    Undisclosed

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