Big data startup Qubole has raised $7 mn in a series A round led by a group of venture capital firms and angel investors. Charles River Ventures, Lightspeed Ventures and angel investors Venky Harinarayan and Anand Rajaram invested in the company.
Qubole, co-founded by Ashish Thusoo and Joydeep Sen Sarma, built and ran Facebook’s data service and scaled it to over 25 Petabytes of data with hundreds of users and tens of thousands of queries every day. They also founded and authored Apache Hive, helped to build key parts of the Hadoop ecosystem such as the Fair Scheduler and RCFile, and brought Apache HBase to Facebook. The startup was part of Microsoft Accelerator’s second batch.
The Apache Hadoop based startup recently announced that it has processed half petabytes of processed data since it came out of beta. The Qubole Data Service is optimized for cloud and is focused on making analytics.
The startup’s data engine enables customers to integrate and consolidate data from multiple sources, on premise and from the cloud, structured and unstructured, and provide instant access through analytic tools like Tableau and Excel. Qubole’s self-service user interface and the library of connectors to SQL sources, NoSQL sources and MPP platforms, allow analysts and data teams to combine, correlate, and create actionable insights from their data assets.
Venki Harinarayan and Anand Rajaram are co-founders at early stage VC fund Cambrian Ventures. The duo had co-founded Junglee Corp (sold to Amazon in 1998 for $250 mn in stock) and Kosmix (sold to Walmart in 2011).