US-based big data technology developer Arcadia Data secured $11.5m in series A funding today from investors including Intel Capital, the early-stage investment arm of semiconductor technology producer Intel.
Venture capital firm Mayfield led the round, which also featured VC firm Blumberg Capital. Intel Capital’s investment was led by Igor Taber, a director at the unit.
Arcadia has built what it claims is the first unified visual analytics and business intelligence platform for big data. Businesses running open source big data software Hadoop can use the platform to build easy-to-use apps in order to access and analyse all of their data.
The company will use the series A capital to boost its workforce, investing in growing its product, sales and marketing teams.
Jason Waxman, vice president and general manager of Intel’s Cloud Platforms Group, said: “Arcadia Data connects business users to Hadoop and delivers net-new analytics at interactive speeds on large scales of data.
“Intel’s investment in and collaboration with Arcadia Data will help us scale and meet the growing demand for big data visual analytics and business intelligence platforms.”
Other big data companies to have picked up funding from Intel in the past 18 months include Cloudera, GoodData and Joyent.