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Big Data Attracts Big Money

Nov 18, 2011, 18:01 (0 Talkback[s])
(Other stories by Sean Michael Kerner)

[ Thanks to Paul Shread for this link. ]

"The move towards Big Data and NoSQL is being fuelled by big money, as investors bet on the next big thing in technology.

"One of those venture capitalists is Frank Artale, a partner with Ignition Partners and an investor in Apache Hadoop startup Cloudera and NoSQL vendor Couchbase. In an exclusive interview with InternetNews.com, Artale explained that Ignition wanted to have a footprint in cloud and Big Data for a variety of reasons.

"In his view, there is the potential for several large multi-billion dollar companies to exist in the Big Data space, which is one of the reasons the firm invested in Cloudera."

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