siliconindia | | October 20138Dataguise, a provider of data security intelligence and protection solutions, has closed a $13 million Series B funding round led by Toba Capital. The company plans to utilize the financing to further expand global sales, marketing, channel development, and support efforts, as well as ongoing innovation of its DgSecure suite of products, the DgSecure platform allow businesses to achieve a 360-degree view of their sensitive data assets across Big Data and traditional data repositories."This round of financing gives us additional runway to execute further with our growing family of channel partners and end customers, while extending our technical capabilities and aggressively expanding our footprint and market reach worldwide." says Manmeet Singh, CEO, Dataguise. Organizations globally are exploring the advantages of Hadoop and its ability to enable the analysis of data patterns previously inaccessible. However, compliance and security officers are mindful of the sensitive information located in these large data repositories and the lack of controls to prevent unauthorized access. Traditional approaches to securing Hadoop fail because they are too complex, expensive, and incapable of selectively protecting the data that matters in these large and diverse environments. This is where Dataguise , along with its DG for Hadoop platform, provides an efficient, economical and effective method of determining where and how to secure sensitive data in Hadoop.DG for Hadoop, part of the DgSecure suite of products, identifies the unique characteristics of Big Data, processing multiple terabytes of structured, unstructured and semi-structured data in only a few hours to protect sensitive data at the source, during ingestion and in the Hadoop Distributed File System (HDFS). Key features available in the latest generation software includes the likes of Contextual-based data discovery capability which uses a neural-like network approach for highly accurate sensitive data search instead of a simple rule-based approach. The Complementing Dataguise masking technology for configurations where data mining needs to operate on actual data values. DG for Hadoop uses symmetric key based encryption of data and also encrypts the encryption keys themselves for stronger security.Dataguise Pockets $13 Million in Series B FundingZuora Raises $50 Million in Series E RoundZuora, providers of cloud-based billing and financial software for companies selling subscription services and cloud-base software companies, announced a Series E round of $50 million, bringing its total capital raised to $132.5 million since the company's birth in 2007. The new participants in the round include Vulcan Capital, Northgate and Next World Capital, with additional funding from Benchmark Capital, Shasta Ventures, Tenaya Capital, Redpoint Ventures, Index Ventures and Greylock Partners.Founded by its Chief Strategist K.V. Rao, the company has been cash-flow positive since 2010, even before it received its Series C round, and that its war-chest was well stocked for at least the next two years, but the company and its investment partners see a huge opportunity ahead that warrants even faster acceleration for this 300-person startup."Since our inception in 2007, Zuora has been striving to be a premier Software-as-a ­service(SaaS) provider and be part of an ecosystem to challenge Oracle, SAP and other premier technology vendors. This recent shift in the industry to the cloud has created new opportunities for a range of innovative companies that have re invented acquainted business functions and brought them to the 21st Century, " explains Rao. Zuora used its Series D funding of $36 million to expand internationally, and has offices in London and Sydney, and several global customers including the likes of Fairfax Media, Touring Suisse Club, and Telstra in Australia. The company hopes that the latest infusion will help it to delve more into areas like financial services and education, among many vertical industries.By inventing a simple and easy-to-use solution for subscription commerce, billing and finance, Zuora has given companies a way to implement new pay-as-you-go pricing models, open new revenue streams and gain competitive advantage. Zuora customers are looking beyond inefficient, manufacturing-centric ERP systems to more modern applications that deliver a broad set of commerce, billing and finance capabilities and are purpose-built for contemporary subscription business models.Manmeet SinghK.V. Rao
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