| By Maureen O'Gara | Article Rating: |
|
| May 7, 2012 06:00 AM EDT | Reads: |
2,798 |
Metamarkets, the analytics start-up that wants to be the "Visicalc of Big Data," has gotten a $15 million B round led by new investor Khosla Ventures - Vinod was one of Sun's founders.
Existing backers IA Ventures, True Ventures, Village Ventures and AOL Ventures kicked in. AOL is a customer. Advertising don't you know
The new money brings total capital raised so far to $23 million. It's earmarked for product development and sales and marketing. It's pushing into social media and payment start-ups where the data is massive.

Metamarkets figures it delivers Data Science-as-a-Service and can make up for the 200,000 data scientists McKinsey reckons we'll be short over the next decade. Its solution is supposed to let non-experts filter, analyze and visualize Big Data and increase revenue.
According to Khosla, now a Metamarkets advisor, "Hadoop as a batch system is so last generation. It is time to move closer to real-time exploration of Big Data rather than the 70s mode of batch processing."
Not that the start-up doesn't use Hadoop. It's got a customized job called Data Pipes but the heart of its system is Druid, a distributed in-memory columnar data engine that's supposed to slice, dice and drill through data a thousand times faster than conventional disk-backed databases mixed with a JavaScript framework for interactive data visualizations, an out-of-the-box modeling framework that generates analytic insights without requiring a PhD and a cloud-based architecture for elastic scaling and lower TCO.
The widgetry is supposed to be a happy alternative to the DIY state of Big Data solutions.
The two-year-old start-up claims 100+ billion events ingested and processed per month; 100,000+ ad-hoc, multi-dimensional queries executed a day; 10+ TB of compressed, memory-mapped derived data and 500ms average query response time. CEO Michael Driscoll claims a dozen customers paying $10,000-$20,000 a month. Apparently Square is one of them.
The Metamarket solution is now available on the AWS Marketplace.
GigaOM says the start-up got a purchase offer from Twitter last year but evidently didn't offer enough to satisfy initial investors.
Published May 7, 2012 Reads 2,798
Copyright © 2012 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara
- Cloud People: A Who's Who of Cloud Computing
- Cloud Expo New York: Cloud Is Changing the Economics of Business
- Windows Azure IaaS Reaches General Availability
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- State and Local Governments Adopt Microsoft Dynamics CRM to Improve Citizen Service Delivery
- Enterasys Spotlights SDN's Impact on Traditional Networking in Upcoming Webinar
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Cloud Expo New York: Deploying Hybrid Cloud for Performance and Uptime
- Cloud Expo New York: Delivering Digital Marketing on the Cloud
- Gravitant Supports General Dynamics Information Technology in Offering New Cloud Brokerage Services to Government Entities
- Big Data Isn’t About the Database, It’s About the Application
- Cloud Expo New York: Rethink IT and Reinvent Business with IBM SmartCloud
- Cloud People: A Who's Who of Cloud Computing
- Cloud Expo New York: Best CIO Practices Shared from SHI’s Customers
- Cloud Expo New York: Cloud Is Changing the Economics of Business
- Cloud Expo New York: How to Use Google Apps Script
- Windows Azure IaaS Reaches General Availability
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- Cloud Computing Bootcamp at Cloud Expo New York
- State and Local Governments Adopt Microsoft Dynamics CRM to Improve Citizen Service Delivery
- Enterasys Spotlights SDN's Impact on Traditional Networking in Upcoming Webinar
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Salesforce.com Executives to Participate in Upcoming Investor Events
- Rackspace Hosting Named “Platinum Plus Sponsor” of Cloud Expo New York
- The Top 150 Players in Cloud Computing
- Six Benefits of Cloud Computing
- Where Are RIA Technologies Headed in 2008?
- FullArmor GPAnywhere Secures Microsoft Application Virtualization Applications Through Group Policy
- SYS-CON's Virtualization Conference & Expo: Themes & Topics
- SYS-CON's Virtualization Journal Opens Its "Readers' Choice Awards" Nominations
- "Virtualization Is Now a Key Strategic Theme," Says Citrix CTO
- Application Virtualization: Instant Migration to Vista, Fast Delivery, Secure Access, Side-by-Side Deployments
- Application Virtualization
- Integration with Windows Vista, Microsoft Excel, and Microsoft Application Virtualization
- The Top 250 Players in the Cloud Computing Ecosystem
- What's the Difference Between Cloud Computing and SaaS?




















