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News Desk Hadoop Start-Up Gets $9.5 Million
It’s integrating Hadoop with a structured data store
By: Maureen O'Gara
Oct. 31, 2011 05:00 AM
Hadapt Inc, a Hadoop start-up co-founded by Yale professor Daniel Abadi, has gotten a $9.5 million Series A round led by Norwest Venture Partners and Bessemer Venture Partners. It's integrating Hadoop with a structured data store (various parallel database systems) so both structured and unstructured data can be analyzed in a single system and Hadoop can borrow from the performance and functionality of traditional databases.
The money will let Hadapt accelerate product development, scale operations and expand market development for its software. The little company is relocating to Cambridge, Massachusetts to attract talent from the local database community. Hadapt's Adaptive Analytical Platform is in beta with early adopters. It's reportedly hoping to go live by the end of the year. Reader Feedback: Page 1 of 1
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