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BlueData Raises $15M To Develop Big Data Private Cloud Software

Mountain View CA (PRWEB) September 24, 2013

BlueData Inc., a Big Data Private Cloud startup, today announced it has raised $15 million in a Series B. The round was led by Ignition Partners with additional support from existing investors Atlantic Bridge Ventures, Intel Capital, Amplify Partners and Data Collective. Key industry leaders Frank Slootman, CEO of ServiceNow, Eric Wolford, President of Riverbed, and Amarjit Gill, CEO of Maginatics, also participated in the round.

Blue Data was founded in 2012 by Kumar Sreekanti, previously the Vice President of R&D, Cloud Infrastructure Business Unit, at VMware and Tom Phelan, previously senior architect at VMware. The company’s first product is being privately tested. No details have been released.

"BlueData's purposeful and innovative approach to Big Data struck a chord with us. We are thrilled to work with Kumar and his team, and believe the company has real potential to make a big difference in the Big Data world," said Nick Sturiale, Managing Partner at Ignition

As part of the financing, Ignition Partners Managing Partner, Nick Sturiale will join BlueData’s board of directors. Among his director roles, Mr. Sturiale remains on the board of Splunk (SPLK), where he was an original investor in 2004.

No additional information was released.

Contact: Manoj Jayadevan, Ph: 4088389026 , email : manoj(at)bluedatainc(dot)com.

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