Category Archives: News

5+ Big Data Companies to Watch

Svetlana Sicular, Gartner June 17, 2014 http://blogs.gartner.com/svetlana-sicular/5-big-data-companies-to-watch People often ask me if there is a magic quadrant for big data. There isn’t. What we have is a Hype Cycle for Big Data with abundance of big data technologies, some of which are just nascent, some are on the plateau of productivity, and some, like Hadoop […]

Chris Wensel Talks to theCUBE at Hadoop Summit 2014

theCUBE Jun 5, 2014 https://www.youtube.com/watch?v=GG76ZfSWe5I&list=PLenh213llmcaIG_3TR7Ql89F9i9 Chris Wensel talks to theCUBE about Concurrent’s funding, product vision, and what he sees happening to professionals working in Big Data.

Concurrent Raises $10 million for Big Data Application Infrastructure

bigdataphile June 3, 2014 http://bigdataphile.com/2014/06/concurrent-raises-10-million-for-big-data-application-infrastructure Big data applications infrastructure company Concurrent has raised $10 million in its Series B funding. Bain Capital Ventures, a new investor in Concurrent, led the round with participation of existing investors Rembrandt Ventures and True Ventures. Previously, Concurrent had raised $4.9 million in funding. Concurrent says it will use the […]

Concurrent lands $10M to catalyze the Big Data app economy

Maria Deutscher, SiliconANGLE June 3, 2014 http://siliconangle.com/blog/2014/06/03/concurrent-lands-10m-to-catalyze-the-big-data-app-economy Concurrent, a San Francisco-based startup working to simplify the development of applications atop Hadoop, announced on Monday that it has raised $10 million in Series B financing led by new investor Bain Capital Ventures. Existing backers Rembrandt Ventures and True Ventures also participated in the round, which brings […]

Concurrent crams venture capitalist cash into its big Hadoop port

Jack Clark, The Register June 2, 2014 http://www.theregister.co.uk/2014/06/02/cascading_data_analysis_funding Hadoop startup Concurrent has slurped $10m in Series B filthy valley lucre as a new sense of enthusiasm breathes life into the “big data” community. Concurrent announced its round on Monday. The company stewards Cascading, a free bit of software that helps devs do application development on […]

Concurrent raises $10 million in Series B

Amit Chowdhry, Pulse 2.0 June 2, 2014 http://pulse2.com/2014/06/02/concurrent-raises-10-million-in-series-b-109630 Enterprise data application company Concurrent has raised $10 million in Series B funding from new investor Bain Capital Ventures. Existing investors Rembrandt Ventures and True Ventures also participated in this round. Concurrent will be using the funding for research and development related to its products called Driven […]

Cascading champion Concurrent raises $10M

Derrick Harris, GigaOM June 2, 2014 http://gigaom.com/2014/06/02/cascading-champion-concurrent-raises-10m Big data startup Concurrent has raised a $10 million series B round of venture capital from Bain Capital Ventures, Rembrandt Ventures and True Ventures (Disclosure: True Ventures is also an investor in Gigaom). The company actually made its name building and supporting Cascading, a framework that many folks […]

Concurrent Inc. Finalizes $10M In Series B Funding To Facilitate Use of Big Data

Arnal Dayaratna, Ph.D., Cloud Computing Today June 2, 2014 http://cloud-computing-today.com/2014/06/02/concurrent-inc-finalizes-10m-in-series-b-funding-for-technologies-to-facilitate-use-of-big-data Concurrent Inc. today announces the finalization of $10M in Series B funding in a round led by new investor Bain Capital Ventures, with additional participation from existing investors Rembrandt Ventures and True Ventures. Salil Deshpande, Managing Director of Bain Capital Ventures, will join Concurrent Inc.’s […]

Big Data Startup Concurrent Secures $10M Series B Funding

CJ Ariotta, Talkin’ Cloud June 2, 2014 http://talkincloud.com/cloud-companies/060214/big-data-startup-concurrent-secures-10m-series-b-funding Big data startup Concurrent, Inc. on Monday secured $10 million in Series B financing, with the hopes of furthering its product development and operational capabilities. The Series B financing round was led by new investor Bain Capital Ventures, with the participation of existing investors Rembrandt Ventures and […]

Hadoop Startup Concurrent Secures $10 Million Series B Funding

Kevin C, Entrepreneur Sky June 2, 2014 http://entrepreneursky.com/hadoop-startup-concurrent-secures-10-million-series-b-funding/ Hadoops very own startup, Concurrent, has recently secured a total of $10 million Series B in financial funding as a the surging enthusiasm surrounding the Big Data space continuous to grow. The company’s flagship product is Cascading, a free bit of software that help out developers do […]