More data Stories

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BankSimple, the next generation mobile bank start-up, has raised $10 million as it prepares to launch. The new financing is led by existing investor IA Ventures and also includes Shasta Ventures and should help the company scale up for a public debut later this year. Read more »

Global Network

Thank the humble, cheap sensor, the standard wireless radio and basic data bases for the future of planetary assistance. A massive sensor and data network called the National Ecological Observatory Network, or NEON, could go under construction as soon as this summer. Read more »

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Greylock Partners, the VC firm backing companies such as Cloudera, Airbnb and ZipCar hired DJ Patil, formerly the chief product officer at Color, as a data scientist in residence. Greylock’s trying to help its companies monetize the rich vein of user data on the web. Read more »

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Service outage

Security used to be fairly straightforward — put boundaries around your infrastructure-holding business data. Today, with the rapid adoption of cloud and mobile computing and the overall consumerization of IT, traditional boundaries have become fluid, which means companies must protect the data itself. Read more »

These things are expensive.

The face of high-performance computing is changing. That means new technologies and new names, but also familiar names in new places. Anyone that doesn’t have a cloud computing story to tell, possibly a big data one too, might starting looking really old really quickly. Read more »

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The open-source, data-processing tool Hadoop is already popular for a variety of use cases that can benefit from clusters of machines churning through unstructured data — such as search engines and social-media analysis — and now it’s turning its attention to security data. Read more »

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Appistry, a St. Louis–based software company, has closed a $12 million Series D round for its family of distributed computing products. The company also appears to have changed its corporate messaging — from that of a cloud-computing vendor to that of a big-data vendor. Read more »

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Nimbus Data Systems today rolled out its second-generation platform and announced online auction giant eBay as a major customer. In fact, eBay has deployed a non-trivial 100TB of Nimbus gear. Have we finally reached the inflection point for primary flash storage? Read more »

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Already incredibly useful for helping us get directions, find the nearest grocery store and find out our state capitol, Google Maps is now becoming the hot way to display enterprise or organizational data that’s tagged with location data. The timing of this trend isn’t surprising. Read more »

Big data has the potential to cut operating costs by nearly 50% across all sectors of manufacturing. Get Satisfaction makes several interesting claims about opportunities for big data in an infographic released this month. Market segments such as manufacturing are generating far more data (966 petabytes […] Read more »

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OpenFlow may be one of the hotter buzzwords these days, but getting past the exuberance and down to brass tacks can be difficult because the technology can be applied many places. It also sprouts up in new contexts as the ecosystem around the technology expands. Read more »

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The FinTech Innovation Lab, an accelerator program for financial tech startups, graduated its first class on Friday. This first batch of companies is bringing some impressive ideas to bear on data, analytics and payments and showing there’s room for new approaches in the financial sector. Read more »

[OpenStack] looks not only like an open-source alternative to Amazon Web Services and VMware vCloud in the public Infrastructure as a Service space, but also a democratizing force in the private-cloud software space. As my colleague Derrick Harris suggests, the open-source cloud-computing project OpenStack has come a […] Read more »

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Monster.com is getting into the cloud-computing mix with a new “semantic search and analytics platform” service called SeeMore. Merging two hot capabilities — cloud-based delivery and analytics — makes a lot of sense for Monster, which no doubt supplies many companies with a lot of data. Read more »

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ZestCash, a next generation loan-service for the underbanked led by former Google CIO Douglas Merrill, has raised $19 million to expand its data-driven approach to offering short-term loans. The company uses online data to help determine the credit worthiness of customers. Read more »

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What’s Watched uses data from social media and mobile applications to provide media companies with a view into what shows are being watched and who’s watching them. That data is then used to target specific groups of users to increase ratings and grow TV audiences. Read more »

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Yesterday, Google announced a new feature that alerts web surfers when their PCs might be infected with malware, but it’s hardly the only company using big data to fight cybercrime. We’ve covered a handful of them of over the past couple years. Read more »

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Alpine Data Labs, a predictive analytics startup that incubated within Greenplum (now part of EMC), is expanding its support beyond the Greenplum Database and into Oracle’s Exadata appliance and the open-source Postgres database. Alpine tries to distinguish itself by running entirely within companies’ analytic databases. Read more »

Firehose

Underneath Twitter’s fun and trendy public image, the data streamed through the microblogging service is apparently worth some big bucks. DataSift, one of only two companies authorized to re-syndicate Twitter’s content using its “firehose,” on Monday announced a $6 million venture capital funding round. Read more »

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Big processors or little processors, scale-up or scale-out, on-premise or in the cloud: the answers might not be as easy as one would think. Web-style, scale-out architectures, low-power server processors and cloud computing are getting more attention by the day, but they have their limits. Read more »

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