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Altiscale

https://www.altiscale.com/

Last activity: 27.09.2016

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Categories: CareCloudDataInfrastructureManagementPlatformScienceServiceStorageTechnology

In September 2016, SAP acquired Altiscale technology assets and offers them as part of the SAP Big Data portfolio.

For news and information about SAP Big Data, please visit the SAP Technology page at https://www.linkedin.com/company/sap-technology

Please note the SAP privacy statement for followers: https://www.sap.com/sps

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Altiscale provides the first purpose-built, fully managed Big Data cloud based on Apache Hadoop and Spark. Altiscale’s Big Data-as-a service platform offers instant access to production-ready Big Data analytics, operated by Altiscale, delivering faster time to value and higher reliability than alternative approaches.

Altiscale’s founding team has been at the forefront of Big Data, from incubating Hadoop at Yahoo! to operating clusters spanning more than 40,000 nodes. Founded in 2012, Altiscale is backed by leading venture capital firms Sequoia Capital, General Catalyst Partners, and Northgate.

Mentions

Location: United States, Illinois, Champaign

Employees: 51-200

Total raised: $30M

Founded date: 2012

Investors 3

Date	Name	Website
-	Start Smar...	startsmart...
-	Sequoia Ca...	sequoiacap...
-	Boston See...	bostonseed...

Funding Rounds 1

Date	Series	Amount	Investors
09.12.2014	Series B	$30M	-

Mentions in press and media 22

Date	Title	Description
27.09.2016	SAP officially announces acquisition of big data startup Altiscale	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! SAP today issued a statement confirming what some...
27.08.2016	M&A roundup - week ending 8/27/16	Apollo Global Management bought Rackspace; Microsoft purchased Genee; Apple acquired Gliimpse Travel planning and booking site TripAdvisor acquired social mapping platform Citymaps. No financial terms of the deal were disclosed. Citymaps wi...
25.08.2016	SAP is acquiring Altiscale	Enterprise software company SAP is acquiring Altiscale, a startup that offers a cloud-based version of the Hadoop open source software for storing, processing, and analyzing lots of different kinds of data, VentureBeat has learned. News of ...
25.08.2016	SAP is acquiring big data startup Altiscale for over $125 million	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Enterprise software company SAP is acquiring Alti...
25.08.2016	SAP is acquiring big data startup Altiscale for over $125 million	Enterprise software company SAP is acquiring Altiscale, a startup that offers a cloud-based version of the Hadoop open source software for storing, processing, and analyzing lots of different kinds of data, VentureBeat has learned. News of ...
15.03.2016	Altiscale’s latest cloud service brings Hadoop to business users	Altiscale, a company that has always been about reducing the complexity related to using Hadoop, has taken that to the next level today with the release of Altiscale Insight Cloud, a cloud service aimed at making Hadoop accessible to busine...
15.03.2016	New cloud tool links big data to business intelligence	Big data can provide a useful source of insights for business analysis. But providing access to it can mean significant IT effort and the use of expensive, off-the-shelf solutions. Altiscale the big data as a service specialist is launching...
28.09.2015	New cloud platform improves big data performance and reliability	For the typical enterprise, running big data platforms like Hadoop and Spark is complex and resource intensive, and the challenges only increase as data volumes expand. Big data as a service specialist Altiscale is releasing the latest vers...
12.07.2015	Spark And Hadoop Are Friends, Not Foes	Raymie Stata Contributor Raymie Stata is the CEO of Altiscale. June was an exciting month for Apache Spark. At Hadoop Summit San Jose, it was a frequent topic of conversation, as well as the subject of many session presentations. On June 15...
13.06.2015	Can Hadoop be Apple easy?	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Hadoop is now on the minds of executives who care...
13.06.2015	Can Hadoop be Apple easy?	Hadoop is now on the minds of executives who care deeply about the power of their rapidly accumulating data. It has already inspired a broad range of big data experiments, established a beachhead as a production system in the enterprise and...
11.02.2015	Datameer Heads To The Cloud With Latest Big Data Product	Datameer launched a new cloud service called Datameer Professional today that offers customers a Big Data solution without the hassle of installing, configuring and maintaining it themselves in-house. The goal of this new approach is to put...
11.02.2015	Datameer brings big data analytics to the cloud	As more businesses want to take advantage of the insights that analysis of big data can offer there's greater demand for the cloud to allow direct access to stored data. San Francisco-based big data platform specialist Datameer was the firs...
12.12.2014	Hortonworks starts trading at $24 per share, jumping 50% as investors swoon over big data	Big data software company Hortonworks went public on the Nasdaq this morning, and the stock was trading at $24 per share following the opening bell. That’s a nice start, reminiscent of the pops that software startups like Workday have exper...
12.12.2014	Hortonworks starts trading at $24 per share, jumping 50% as investors swoon over big data	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Big data software company Hortonworks went public...
10.12.2014	Altiscale Receives $30M in Series B Funding	Altiscale, a Palo Alto, Calif.-based provider of Hadoop-as-a-Service (HaaS) solutions, received $30m in Series B funding. The round was led by Northgate with participation from existing backers Sequoia Capital and General Catalyst Partners....
09.12.2014	Altiscale Raises $30M in Series B	PALO ALTO, CA, Leading innovator in Hadoop-as-a-Service (HaaS) solutions, today announced it has raised $30 million in Series B funding. >> Click here for more funding data on Altiscale >> To export Altiscale funding data to...
09.12.2014	Altiscale Lands $30M To Continue Building Hadoop Cloud Service	When you think of Hadoop, you probably think of a complex on-premises set up in your data center, but Altiscale wants to reduce some of that complexity by moving the whole thing to the cloud and offering Hadoop as a service. Today it got $3...
03.06.2014	DataTorrent, A Big Data Platform Built On Hadoop, Can Process A Billion Events Per Second	DataTorrent made its primary product, DataTorrent RTS, generally available today. The product is built on top of Hadoop 2.0 and allows companies to process massive amounts of big data in real time. According to Phu Hoang, co-founder of the ...
20.05.2014	Yahoo's former CTO thinks Hadoop's data wizardry works best as a service	SAN FRANCISCO — Listen up, folks: You may be running Hadoop wrong. Hadoop is open-source software for scalable, distributed computing. It has become the “operating system for big data,” but that doesn’t mean your company needs to run its ow...
13.05.2014	10 ways to use your data to make more money (really)	Amid all of the hype around “big data,” lots of people are starting to doubt whether there’s any evidence that it’s more than just that — hype. So we set out to find proof of companies that are successfully leveraging data to get real resul...
28.01.2014	With Cash From Sequoia And General Catalyst, Yahoo’s Former CTO Debuts Altiscale To Run Hadoop As A Service In The Cloud	Raymie Stata, the former CTO of Yahoo, is taking the wraps off his new startup, Altiscale, today, which in short runs Hadoop as a Service in the cloud. The company, which was founded in 2012, has raised funding from Sequoia Capital, General...

Altiscale

Investors 3

Funding Rounds 1

Mentions in press and media 22

Reviews 0