‘Zoomdata’, the Data visualization vendor raises $25 million
The Data visualization vendor ‘Zoomdata’ delivers a visual analytics solution. In simple ways, which means Zoomdata enables organizations to consume their data, formerly available in spreadsheets and incomprehensible feeds and streams, in a visual way.
Zoomdata joins a number of other products, both pure-play and component part of broader platforms, in helping organizations understand data through visualizations. Zoomdata brings together disparate data sources – both modern and legacy – and blends them into a single unified database which can run on-premises, in the cloud, or embedded within an application.
The company serves the enterprise and has customers such as Cisco, Deloitte, and Markerstudy. Zoomdata is also covering its bases in terms of industry partnerships – its cloud product runs on Amazon, CenturyLink, Cisco, DataBricks, Google and Microsoft Azure cloud platforms, and it has existing partnerships with Cisco, Cloudera, Hortonworks, IBM and Microsoft, among others.
The company today, is bucking the trend of funding shortfalls for early-stage companies and announcing a $25 million raise led by none other than Goldman Sachs. Alongside GS (or its Principal Strategic Investments Group), Comcast Ventures is joining in and previous investors Accel, Columbus Nova Technology Partners, and NEA also participated in the round. This raise takes Zoomdata’s total funding to just shy of $50 million to date