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Friday, November 6, 2015

The Daily Startup: Cask Raises $20 Million for Its Hadoop Technology

A little more than a year after changing its name and putting its software into open source, #CaskData Inc. said it has raised $20 million, Deborah Gage reports for Dow Jones #VentureWire. Cask makes it easier for developers to build applications that run on the big data software system #Hadoop, which is still evolving and requires specialized skills. The Series B round was led by #Safeguard Scientifics and takes total funding in the four-year-old company to $37 million.

http://www.wsj.com/articles/BL-VCDB-18068

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