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Dropbox is acquiring a data visualization startup called Parastructure, according to TechCrunch. It’s one of those deals where nobody is talking yet, but what little info is publicly available about Parastructure helps shed some light on Dropbox’s motivation. It’s hard to imagine Dropbox getting into the analytics software business that Parastructure was targeting, but it’s not hard to imagine Dropbox acquiring some talent that can help it scale onto, and query, new data technologies. And, like Box did with its dLoop acquisition, Dropbox might also be looking to improve search for its business users.

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Source: SiSense

Source: SiSense

Business intelligence startup SiSense has raised a $30 million third round of venture capital from DFJ Growth, as well as existing investors Battery Ventures, Genesis Partners and Opus Capital. The company has now raised $44 million since it launched in 2010. Like most analytics startups, SiSense promises nice visualizations and a user-friendly experience, but its major bragging point is fast data processing thanks to an architecture that takes full advantage of the processor’s cache rather than just DRAM or disk. The company appears to being growing impressively, too, claiming triple-digit customer growth and some big-name accounts.

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DNA-SEQ and 1QBit, two startups working on cancer research and financial modeling, respectively, have partnered with quantum computer manufacturer D-Wave Systems to try and develop applications that can run on the latter’s system. Last month, a company called Aerospace Concepts announced its plans to develop quantum computing software targeting advanced systems design. Debate over D-Wave’s technology aside, attempts to build quantum software targeting specific industries are meaningful. If they’re eventually proven effective, such applications will presumably lower barriers to adoption (e.g., how to use them and when) that often accompany new technologies.

Source: Mesosphere

Inspired by Google’s famous approach to resource management, Apache Mesos is the open source software that manages the large pools of servers and cloud instances at companies such as Twitter and Airbnb. Mesosphere, a company trying to commercialize it, has raised $12.75 million since launching. Read more »

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DataTorrent, a startup building a stream-processing engine for Hadoop that it claims can analyze more than 1 billion data events per second, announced on Tuesday that its flagship product generally available. Stream processing is becoming more important as we move into an era of connected devices, ubiquitous sensors and fast-paced web platforms such as Twitter. Data is flowing into systems faster than ever, and many companies would like to get some use out of it in real time; in some cases, even hours-old data could be considered stale. Other products and projects addressing stream processing on Hadoop include Apache StormSpark Streaming and Samza, and Amazon Kinesis.

Hadoop software company Cloudera has acquired Gazzang, a startup specializing in encryption software for big data environments. It’s Cloudera’s first significant acquisition (it bought machine learning startup Myrrix in 2012 in more of an “acquihire” situation) and it speaks to the importance of security as customers’ […] Read more »

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Tableau Software has been on fire over the past couple years, but a big knock against the company has been that its popular analytics software isn’t available for the Mac operating system. The company has been promising a native Mac edition for a while, and it appears it will finally deliver in a few weeks, if a June 19 event called “Tableau 8.2 Roadshow + Mac Launch Party” is any indication. I suspect a lot of Windows virtual machines will be firing up a lot less frequently and a goodly amount of new users signing up.

In Brief

Big data startup Concurrent has raised a $10 million series B round of venture capital from Bain Capital Ventures, Rembrandt Ventures and True Ventures (Disclosure: True Ventures is also an investor in Gigaom). The company actually made its name building and supporting Cascading, a framework that many folks use to build Hadoop applications and data workflows at a higher level than writing MapReduce jobs, but is now also pushing application performance management with a product called Driven. Concurrent launched in 2007 and has raised nearly $15 million since first taking venture financing in 2011.

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Apixio has raised a $13.5 million series C round of venture capital from Bain Capital Ventures and several angel investors. The company’s technology extracts data from numerous types of medical records, including patient charts and doctors’ notes, in order to help hospitals and insurance companies get a better sense of patients’ health for risk-assessment purposes. Apixio has raised more than $22 million since launching in 2009. It first launched publicly in 2011, then focusing on its semantic-analysis engine for identifying latent connections between diagnoses and symptoms.

In Brief

Context Relevant, a Seattle-based startup that promises to create accurate predictive models in a hurry, even across large datasets, has raised a $21 million series B round of venture capital. Formation 8 led the round, which also included existing investors Madrona Venture Group, Bloomberg Beta and Vulcan Capital, and several angels and strategic investors. Context Relevant’s technology includes specialized algorithms for functions such as fraud detection and behavioral analysis, then automatically analyzes data against them and generates models that can added to applications without recoding.

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