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big data

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Qubit Big Data Analytics Scored a $40 Million Series C Funding

London-based Qubit received a Series C funding of $40 million. Goldman Sachs was leading the funding for the big data analytic platform which was announced on Monday.

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Personal Computer

Insurers prove laggards in technology race

At a time the financial sector is racing to embrace digital technology to boost sales and drive profits, the traditionally staid insurance industry is in danger of falling behind.

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Technology startups

The Big Data bounty: U.S. startups challenge agribusiness giants

Chris Gould's combine cab is loaded like the cockpit of a fighter jet he used to fly as he harvests soybeans in northern Illinois, steered by satellites, four video screens glowing with up to minute updates about his crop and the work's progress.

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Evan Powell

StackStorm streamlines workflow in data center to one person for thousands of servers

StackStorm, specialized in data center maintenance, allows one person to effectively manage thousands of servers opposed to hundreds.

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Exercise

Insurance clients face advantages and drawbacks from big data

The potential use of big data by insurance firms to create a profile of possible policyholders carries with it advantages and drawbacks, the Financial Times reported.

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Smarter Remarketer

Indiana-based Smarter Remarketer bags $7M from Battery Ventures

Smarter Remarketer, an Indiana-based startup focused on behavioral marketing and retail intelligence, has picked up $7 million from Battery Ventures in its most recent funding round, VentureBeat reported.

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IBM

Through big data, IBM can predict when mining equipment will fail and save companies billions

IBM said it can use big data to forecast when mining equipment will fail, an innovation that can potentially save companies billions of dollars annually, VentureBeat reported.

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Talent Neuron

Corporate Executive Board purchases India-based talent analytics company in a $10-$15M deal

Corporate Executive Board or CEB has made its third acquisition in the talent management space by purchasing India-based talent analytics company Talent Neuron for anywhere from $10 million to $15 million, TechCrunch reported.

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AutoGrid Systems

California-based AutoGrid Systems closes Series C funding with $12.75M

A group of strategic investors which included European utility company E.ON., Foundation Capital and Voyager Capital, led the Series C funding round for AutoGrid Systems which raised $12.75 million.

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Jut

Jut secured Series B funding round worth USD20 million

Jut's big data software applications was the basis for the highly successful Series B financing round at USD20 million.

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Channel IQ

Channel IQ raises funds from Drive Capital

A USD12 million fund infusion was received by Channel 1Q for it use to accelerate its development.

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UPS

UPS into big data make navigation less fuel dependent

UPS' new navigation system helps drivers use less fuel.

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Cray Supercomputer

Cray supercomputers make comeback

With more data being created every second, the Cray supercomputer becomes more relevant for the industry.

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Ayasdi Logo

Big Data company Ayasdi hits US$30.6 million in venture capital

Ayasdi reported that it has raised US$30.6 million in venture capital funding from Citigroup and GE Capital

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