US-based data analysis technology developer Tamr secured $25.2m on Friday in a series B round backed by a host of corporates.
Hewlett Packard Ventures, the corporate venturing unit for computer maker Hewlett-Packard, MassMutual Ventures, which fulfils the same function for Massachusetts Mutual Life Insurance, and data provider Thomson Reuters joined existing Tamr investors including Google Ventures, the early-stage investment arm of internet company Google, and venture capital firm New Enterprise Associates in the round.
Founded in 2013, Tamr provides software that combines machine learning with human guidance to connect, catalogue and publish data from a range of sources.
The company previously raised $16m in a May 2014 round backed by Google Ventures and New Enterprise Associates. It will use the cash to scale its sales and product engineering activities.
Andy Palmer, Tamr’s chief executive, said: “We have strong and deep relationships with our partners at Hewlett Packard, Thomson Reuters and MassMutual Ventures, and we are looking forward to extending our partnerships with them.
“By recognising and embracing the reality of heterogeneous data in large organisations, these companies are enabling themselves and their customers to compete on analytics.”
Tamr’s co-founders, Andy Palmer and Michael Stonebraker, previously co-founded Vertica Systems, a data management company that was acquired by Hewlett-Packard in 2011.