Qubole raises $7 m in Series A funding
Hotline: 1800 102 2007
X
Search Business Opportunities
2013-04-25

Qubole raises $7 m in Series A funding

Bangalore and US-based Software-as-a-Service analytics platform start-up, Qubole has announced the completion of its Series A funding round of $7 million from Charles River Ventures and Lightspeed Ventures as well as through angel investment from Venky Ha

Bangalore and US-based Software-as-a-Service analytics platform start-up, Qubole has announced the completion of its Series A funding round of $7 million from Charles River Ventures and Lightspeed Ventures as well as through angel investment from Venky Harinarayan and Anand Rajaram. The announcement was made through a press release.

The company has initially raised seed funding as well and has in total raised $8 million including the recent investment.

The IIT Delhi alumni, and Cofounders of Qubole, Ashish Thusoo and Joydeep Sen Sarma looks towards this funding as the validation of Qubole’s rise as an innovative startup to watch in Big Data space which allows users to put together enormous amounts of data in the Amazon cloud without the help of any specialist.

Qubole also announced another major milestone in processed data volume, breaking the half petabyte mark since coming out of beta. Qubole Data Service is now open to enterprises of all sizes, and free trial accounts are available.

“We have reached a critical point where our model has been validated by customers and investors alike. A half petabyte of data processed demonstrates Qubole’s growth and viability and we are very excited to raise the bar again as we continue to innovate on behalf of our users,” said Ashish Thusoo, Co-Founder, Qubole.

Related opportunities
  • About Us  woodee pizza is a revolutionary vision of 2 young..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: Neon Broadband - a business model for you to..
    Locations looking for expansion Maharashtra
    Establishment year 2003
    Franchising Launch Date 2007
    Investment size Rs. 5lac - 10lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmednagar Maharashtra
  • Quick Service Restaurants
    About:Started by Vishal Gupta and Hardik Khandwala in Mumbai, WTC..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Ice creams & Yogurt Parlors
    About Us: Established in the year 1956 at Fatehpuri Delhi, Giani..
    Locations looking for expansion New Delhi
    Establishment year 1956
    Franchising Launch Date 2014
    Investment size Rs. 10lac - 20lac
    Space required 80 sq ft-300 sq ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts