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Qubole Secures $13 Million Funding to Expand Big Data-as-a-Service Platform

Qubole Secures $13 Million Funding to Expand Big Data-as-a-Service Platform Image Credit: Qubole

Qubole, a leading provider of Big Data in the cloud, has secured $13 million in funding led by Norwest Venture Partners, bringing the total investment in Qubole to date to $20 million. The company that was founded by Ashish Thusoo and Joydeep Sen Sarma, creators of Facebook's big data infrastructure and Apache Hive, said that the funding builds on recent milestones from the company, including a partnership with Microsoft Azure to integrate Qubole Data Service (QDS) to Azure customers, and will be used to expand Qubole's mission to help every company use the cloud to turn data into business growth.

Qubole said that its next generation self-service platform empowers both developers and non-developers to access big data generated by their companies to gain actionable insights at a cost-effective rate. 

The company's QDS platform runs Hadoop infrastructure where users can easily analyze and collaborate with their company's data. QDS provides IT organizations the option to use cloud infrastructure -- Google Compute, Amazon Web Services or Azure -- to provide users with self-service access to data while eliminating the capital expenditures associated with maintaining hardware and hiring skilled support to manage that infrastructure. 

Ashish Thusoo, CEO & Co-Founder, Qubole
We know the real power of big data is getting it to the right people at the right time. Our mission is to help every company and every person at that company leverage big data to make a meaningful business impact. We've seen tremendous adoption for our self-service platform and expect this to accelerate as our customers experience the incredible business outcomes that occur when everyone can access, process and collaborate with cloud data. 

Rama Sekhar, Norwest Venture Partners
Qubole is changing the big data conversation by tapping the power of the public cloud to provide a simple, cost-effective solution that turns the complicated task of analyzing data into a seamless everyday business process. The Qubole team includes some of the most innovative entrepreneurs in the industry who are committed to meeting the evolving data needs of the enterprise.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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