Zoomdata (TechBUZZ ’12 Spring) Snags $25M from NEA and others
Zoomdata, which converts data from many sources into a more understandable visual format, now has $25 million in new funding to build out that business. Goldman Sachs Principal Strategic Investments Group led this Series C round joined by Comcast CMCSA Ventures and existing backers Accel Partners, Columbus Nova Technology Partners and NEA. Total funding now stands at $47.2 million.
Zoomdata, based Redwood Shores, Calif., is one of a bevy of new-age business intelligence companies including Tableau DATA 3.16% , Qliktech, Looker, Palantir and Trifacta, which just scored a $35 million round of its own.
The company provides a window, or dashboard, on data residing in a Cloudera, Hortonworks Hadoop or other repository. And, unlike some competitors, it claims it can query Oracle, MongoDB, or streaming data natively—which means the user does not have to “clean up” that data first using a traditional Extract Tranform Load (ETL) tool.