US-based data management technology startup BlueTalon raised $5m in series A funding on Wednesday from backers including Bloomberg Beta, a corporate venturing subsidiary of data and media company Bloomberg.
Signia Venture Partners, Biosys Capital, Stanford-StartX Fund, Divergent Ventures, Berggruen Holdings and Data Collective also contributed capital to the round.
Data Collective is an existing investor, having funded BlueTalon’s $1.5m seed round in February 2014.
Founded in 2013, BlueTalon announced the funding at the same time as its latest product, Policy Engine, a software offering that provides data access technology that can be used with open-source big data software framework Hadoop.