Big Data Startup Qubole Raised $25M Funding
Santa Clara based big-data and analytics startup Qubole has raised a funding of $25 million from Singtel Innov8 and Harmony Partners on Thursday.
The round also saw participation from its existing investors Charles River Ventures, Lightspeed Venture Partners, Norwest Venture Partners and Institutional Venture Partners who also infused in the funding, making it to a total of $75 million.
The funds will be utilised to expand its operations in Asia-Pacific region, superheaded from its sales office in Singapore led by co-founder and CTO Joydeep Sen Sarma.
“There is a significant opportunity for big data in the Asia Pacific region. Qubole makes it easy for enterprises to access best-in-class analytics for quicker, more accurate decision making in a cost-efficient way. We are excited to p...