Treasure Data Funding Gets High Visibility
We recently announced $15 million in Series B funding for Treasure Data. This is a major endorsement of our mission to make it easier for companies to access and analyze their data – and we are pleased at the response. From Forbes to GigaOm, Treasure Data was recognized for our unique capabilities, especially when it comes to data from connected devices.
Our newest investor, Scale Venture Partners, echoes that sentiment.
In a recent blog post, Andy Vitus, Partner at Scale and newest member on our board of directors, writes about his own experience using our cloud service – noting that it took him only 5 minutes to get data streaming from a web app to the Treasure Data cloud. That’s an awesome combination of a hands-on VC partner and an easy-to-use cloud service that just works. Andy absolutely understands technical challenges involved in handling millions or billions of data points a day, and really gets the unique value that Treasure Data delivers:
“It is wizardry to be able to handle large amounts of data and completely abstract away the complexity of the underlying architecture.”
Thank you, Andy. We think so, too. It’s why we created the Treasure Data Service to be a single, simple cloud interface to collect, store and analyze big data with familiar SQL skills. It’s why our engineering wizards continuously work to enhance the service, recently adding the Presto query engine for ad hoc analytics and developing new methods for collecting data efficiently from hundreds of sources. And it’s why our customers have been so successful.
We’ve watched our customers change and grow their businesses by using data more efficiently, often leveraging new data sources. Treasure Data has recently been involved in several “Internet of Things” projects, applying our data collection expertise to some very interesting new projects. Recently, Pioneer chose us for data collection and processing of sensor data from millions of vehicles, as featured in this video interview.
Helping customers find value quickly from massive volumes of data is what we do, and we’re excited for the growth and innovations ahead of us, with this new funding in this new year. And, if you’d like to join our growing team of talented staff to help us carry this out, check out our list of new job openings.
2015 will be an exciting year!