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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
DataGravity Gets $30 Million B Round
It said it will use the money for product development as well as marketing and sales

DataGravity, an early-stage company whose mission is to turn Big Data into information simply, has raised a $30 million B round led by Andreessen Horowitz. Andreessen partner Peter Levine gets a seat on the board.

Previous investors Charles River Ventures and General Catalyst Partners, which kicked the start-up off with a $12 million A round, also participated.

DataGravity said it will use the money for product development as well as marketing and sales.

It's trying to develop products that remove the need for complex software packages to extract value and information from stored data. It's expecting to field its first product next year.

The company's founders includes CEO Paula Long, one of the founders of EqualLogic, which was acquired by Dell for $1.4 billion in 2008, and president John Joseph, the former VP of marketing and product management at EqualLogic.

The Nashua, New Hampshire-based start-up is supposed to be positioned to be in front of a potentially enormous market and Levine expects the funding "to move it forward in addressing the enterprise mandate to radically change the way IT extracts information from data."

About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at) or paperboy(at), and by phone at 516 759-7025. Twitter: @MaureenOGara

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