JethroData, a NYC-based provider of an SQL-on-Hadoop solution, closed an $8.1m Series B financing.
The round was led by Square Peg Capital, with participation from existing investor Pitango Venture Capital.
The company intends to use the funds to increase investment in sales, marketing and development of its technology.
Led by Eli Singer, co-founder and CEO, JethroData has developed SQL-on-Hadoop software, which leverages full-indexing technology to work with business intelligence (BI) solutions, including Qlik, Tableau and MicroStrategy and enable (faster) access to data.
It is compatible with Hadoop distributions, including Cloudera, Hortonworks, MapR and Amazon.
FinSMEs
09/06/2015