Doing Big Data The Right Way
There are millions upon millions of data points being produced every day and in order for companies to take advantage of all this data they must leverage a powerful big data solution.
Unfortunately, many big data solutions can take months to properly set up, resulting in months of valuable data lost. However, one big data startup is looking to quicken the process.
Cazena, a big data startup, has announced the closing of a Series A round of funding in which they pulled in $8 million led by contributions from Andreessen Horowitz and North Bridge Venture Partners.
The infant company was founded by former leaders from Netezza, a company purchased by IBM in 2010, and aims to simplify big data by providing faster and easier to understand information. Cazena states that it plans to make big data accessible for companies of all sizes without the lengthy amount of time that it can take to set up up the infrastructure needed to process all of the information.
“We are thrilled to announce Cazena and our investors,” said Prat Moghe, founder and CEO of Cazena. “Today big data is too hard and too slow. It takes months to implement enterprise big data infrastructure, and millions of dollars of on-going annual investment of resources that do not scale with growing data.”
Cazena is being announced today at the Andreessen Horowitz CIO Bid Data Roundtable in New York City.