25 July, 2017
Iguazio Nabs $33M To Bring Big Data Edge Analytics To IoT, Finance And Other Enterprises
Big data analytics — where vast troves of information are structured and used to help businesses gain more insights into their operations and customers, to develop new products, and to run more efficiently — are a cornerstone of how many tech-centric enterprises run their businesses today. Now the focus is on building solutions that the rest of the enterprise world can use, even if the business itself is not necessarily tech-centric.
Today, an Israeli startup called Iguazio — which has built an “edge data” analytics platform targeting IoT, finance and other services that require real-time processing — is announcing that it has raised $33 million in funding to build out its service.