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Big Data start-up Cazena Raises $20 Million in Series B Funding
SI Team
Monday, August 3, 2015
Cazena announced the closing of a $20 million Series B funding round. The funding round was led by Formation 8 while other partners included Andreessen Horowitz and North Bridge Venture Partners. Cazena was founded by former Netezza employees and Prat Moghe is now at the helm of chartering Cazena’s course. Moghe himself was a former general manager for data compliance at Netezza before IBM acquired the company in 2010. With the latest funding, the firm’s total funding has accounted to $28 Million.

The company launched its Big Data-as-a-Service solution which ensures the optimizing of big data processing in the cloud seemingly with just three clicks. “Cloud is the next frontier for big data processing, yet complexity and security concerns hold most large enterprises back,” said Moghe. The CEO further added, “Cazena’s Big Data-as-a- Service is the first managed cloud service for big data processing that securely and seamlessly extends the enterprise datacenter with trusted cloud infrastructure and multiple, best-of-breed big data technologies.
This assures the best price and performance for any big data workload, so enterprises can focus their efforts on delivering value, not managing technology.”

Through its Big Data-as-a-Service, Cazena is launching three products: Data Lake-as-a-Service, Data Warehouse-as-a-Service and Sandbox-as-a-Service. Each of the three solutions can be deployed in three clicks while also meeting the cost viability requirement. Cazena also announced a platform partnership with Cloudera, to boost its data lake-as-a-service solution.

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