US-based business intelligence software provider AtScale has secured $11m in a series B round led by Comcast Ventures, a corporate venturing subsidiary of mass media group Comcast.
The round, which increased AtScale’s overall funding to $20m, also featured semiconductor foundry UMC and venture capital firms AME Cloud Ventures, Storm Ventures and XSeed Capital.
AtScale has built a self-service business intelligence platform that works with Hadoop open-source big data software. The company launched its software in 2015 and has so far secured customers including Home Depot, Bloomberg, Groupon and Yellow Pages.
Matt Carbonara, principal at Comcast Ventures, said: “With this new financing, the company is poised to accelerate growth and drive innovation enabling enterprises to derive insights on massive data sets in Hadoop as evidenced by partnerships in the industry, including Comcast.
“Comcast Ventures is excited to help AtScale by facilitating access to significant resources and expertise via our vast enterprise and service provider ecosystem.”
UMC led AtScale’s $7m series A round in June 2015, investing through its UMC Capital unit. the series A also included XSeed Capital, which led AtScale’s $2m seed round in 2013, AME Cloud Ventures and Storm Ventures.