Categories: Funding

BlueData Raises $15M in Series B

Inc. BlueData Big Data Private Cloud launch announced today that it has raised $15 million in Series B. Ignition Partners led the round 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 roundtable.

Blue Data was founded in 2012 by Kumar Sreekanti, formerly Vice President of R&D, Cloud Infrastructure Business Unit, VMware, and Tom Phelan, formerly Senior Architect at VMware. The first product of the company is being privately tested No details have been disclosed

‘BlueData’s purposeful and innovative approach to Big Data has struck a chord with us. We are thrilled to work with Kumar and his team and believe that the company has the 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 the Board of Directors of BlueData. Among those of his

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/BlueData/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

Arpit Jain

Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

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