Databricks announces a Spark cloud and $33M in venture capital
June 30, 2014
Grazed from GigaOM. Author: Derrick Harris.
Databricks, the company trying to commercialize the Apache Spark data-processing framework, announced on Monday at the second-annual Spark Summit that it has raised $33 million in series B venture capital, and is rolling out a cloud computing service for easily creating, deploying and running Spark workloads. NEA led the funding round, which also included existing investor Andreessen Horowitz and follows up on a $14 million series A round in September 2013.
While the pace and amount of Databricks’ fundraising is impressive, the new service, called Databricks Cloud, is the real big deal here. It gives a lot of guidance as to the company’s plan for making money from Spark — a plan that includes a lot more than just certifying applications to run on Spark, and providing enterprise support and certification to Hadoop vendors that support it…
(By the way, Hortonworks, MapR, Pivotal, IBM and NoSQL database vendor DataStax are now offering Databricks-certified Spark distributions.) Rather, Databricks is betting on a big demand for cloud-based big data workloads and frameworks, a la Google’s new Dataflow service, that simplify the user experience…
Read more from the source @ http://gigaom.com/2014/06/30/databricks-announces-a-spark-cloud-and-33m-in-venture-capital/