Firebolt raises $37M to take on Snowflake, Amazon and Google with a new approach to data warehousing

For many organizations, the shift to cloud computing has played out more realistically as a shift to hybrid architectures, where a company’s data is just as likely to reside in one of a number of clouds, as it might in an on-premise deployment, in a data warehouse, or in a data lake. Today, a startup […] Continue reading Firebolt raises $37M to take on Snowflake, Amazon and Google with a new approach to data warehousing

Databricks launches SQL Analytics

AI and data analytics company Databricks today announced the launch of SQL Analytics, a new service that makes it easier for data analysts to run their standard SQL queries directly on data lakes. And with that, enterprises can now easily connect their business intelligence tools like Tableau and Microsoft’s Power BI to these data repositories […] Continue reading Databricks launches SQL Analytics

RudderStack raises $5M seed round for its open-source Segment competitor

RudderStack, a startup that offers an open-source alternative to customer data management platforms like Segment, today announced that it has raised a $5 million seed round led by S28 Captial. Salil Deshpande of Uncorrelated Ventures and Mesosphere/D2iQ co-founder Florian Leibert (through 468 Capital) also participated in this round. In addition, the company also today announced […] Continue reading RudderStack raises $5M seed round for its open-source Segment competitor

Microsoft launches Azure Synapse Link to help enterprises get faster insights from their data

At its Build developer conference, Microsoft today announced Azure Synapse Link, a new enterprise service that allows businesses to analyze their data faster and more efficiently, using an approach that’s generally called ‘hybrid transaction/analytical processing’ (HTAP). That’s a mouthful, it essentially enables enterprises to use the same database system for analytical and transactional workloads on […] Continue reading Microsoft launches Azure Synapse Link to help enterprises get faster insights from their data

Fishtown Analytics raises $12.9M Series A for its open-source analytics engineering tool

Philadelphia-based Fishtown Analytics, the company behind the popular open-source data engineering tool dbt, today announced that it has raised a $12.9 million Series A round led by Andreessen Horowitz, with the firm’s general partner Martin Casada joining the company’s board. “I wrote this blog post in early 2016, essentially saying that analysts needed to work […] Continue reading Fishtown Analytics raises $12.9M Series A for its open-source analytics engineering tool

Databricks makes bringing data into its ‘lakehouse’ easier

Databricks today announced that launch of its new Data Ingestion Network of partners and the launch of its Databricks Ingest service. The idea here is to make it easier for businesses to combine the best of data warehouses and data lakes into a single platform — a concept Databricks likes to call ‘lakehouse.’ At the […] Continue reading Databricks makes bringing data into its ‘lakehouse’ easier

AWS speeds up Redshift queries 10x with AQUA

At its re:Invent conference, AWS CEO Andy Jassy today announced the launch of AQUA (the Advanced Query Accelerator) for Amazon Redshift, the company’s data warehousing service. As Jassy noted in his keynote, it’s hard to scale data warehouses when you want to do analytics over that data. At some point, as your data warehouse or […] Continue reading AWS speeds up Redshift queries 10x with AQUA

Microsoft’s Azure Synapse Analytics bridges the gap between data lakes and warehouses

At its annual Ignite conference in Orlando, Fla., Microsoft today announced a major new Azure service for enterprises: Azure Synapse Analytics, which Microsoft describes as “the next evolution of Azure SQL Data Warehouse.” Like SQL Data Warehouse, it aims to bridge the gap between data warehouses and data lakes, which are often completely separate. Synapse […] Continue reading Microsoft’s Azure Synapse Analytics bridges the gap between data lakes and warehouses

Incorta raises $30M Series C for ETL-free data processing solution

Incorta, a startup founded by former Oracle executives who want to change the way we process large amounts data, announced a $30 million Series C today led by Sorenson Capital. Other investors participating in the round included GV (formerly Google Ventures), Kleiner Perkins, M12 (formerly Microsoft Ventures), Telstra Ventures and Ron Wohl. Today’s investment brings […] Continue reading Incorta raises $30M Series C for ETL-free data processing solution

Snowflake co-founder and president of product Benoit Dageville is coming to TC Sessions: Enterprise

When it comes to a cloud success story, Snowflake checks all the boxes. It’s a SaaS product going after industry giants. It has raised bushels of cash and grown extremely rapidly — and the story is continuing to develop for the cloud data lake company. In September, Snowflake’s co-founder and president of product Benoit Dageville […] Continue reading Snowflake co-founder and president of product Benoit Dageville is coming to TC Sessions: Enterprise