Google Ventures, the corporate venturing arm of internet company Google, led a $15m series B round for US-based big data analytics software provider Rocana yesterday.
Venture capital firms General Catalyst Partners and Toba Capital, and Paul Sagan, a partner at General Catalyst, joined Google in the round, which boosted Rocana’s total funding to $19.4m.
Google Ventures previously took part in Rocana’s $4.4m series A round, raised in June 2014 when the company was still called ScalingData. General Catalyst led the series A round, which also included Brian Stevens, the chief technology officer of software producer Red Hat.
Rocana’s software enables IT staff to monitor and provide support for data centre infrastructure. Its technology identifies the root cause of any issues caused by all aspects of a complex, modern IT ecosystem with large data sets.
Rich Miner, general partner at Google Ventures, said: “We are impressed with the strong backgrounds of Rocana’s founders, combined with their vision to reduce big data complexity across large enterprises.
“Rocana’s approach uniquely leverages the Hadoop ecosystem to reduce IT infrastructure complexity. We’re excited to work with them as they scale operations.”