Kinetica Adds $6 Million in Acceleration Funding and Expands Management Team

SAN FRANCISCO--(BUSINESS WIRE)--#Kinetica, provider of the fastest, in-memory database accelerated by GPUs, today announced it added $6 million in acceleration financing. Funds raised total $13 million, which is fueling the company's entry into the commercial space after 6 years of development and selling to the government sector. Ray Lane, Managing Partner of GreatPoint Ventures and former Oracle President and Managing Partner of KPCB, is the company’s primary backer who funded $7 million in April 2016. Kinetica also expanded its management team, bringing top talent from big data leaders #Cloudera, #Hortonworks, #MapR and #Platfora to drive growth.

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