Ex-Spy Contractor Immuta Eyes Enterprise Data
A data management startup focused on helping customers avoid the pitfalls of consolidating data has attracted $1.5 million in seed funding as the company looks to extend beyond government security contracts to address the booming enterprise market.
Immuta Inc., College Park, Md., was founded last October and bills itself as a next-generation master data management vendor. The Immuta platform abstracts enterprise data to make it easier to access and securely share information without disrupting existing data infrastructure.
Immuta said three investors joined the seed-funding round that was led by Blu Venture Investors of Vienna, Va. Other Washington, DC, area and New York investors joined the round.
Immuta’s BoData data management platform is designed to provide secure access to enterprise data “without forcing up-front data consolidation.” The platform is also promoted as securely exposing disparate data silos to standard interfaces like File System, MapReduce and SQL to boost productivity while auditing data queries. The approach also eliminates the need to learn new APIs or programming languages, the startup claimed.
A second product dubbed Bakula is described as a “reactive-data programming engine” that converts data state changes across an enterprise. “Reactive data enables proactive data science,” the startup claims.
The Bakula engine executes code in response to real-time events like uploading a file or adding to an enterprise database. The approach “ensures that analytics only receive the events for which they are authorized,” the company said. The event-driven approach to managing code execution is designed to efficiently provision resources needed for specific enterprise workloads.
The upshot, the startup claims, is that data scientists no longer have to spend time writing complex logic but instead can access disparate data gathered in secure, “personal data shoeboxes.”
Further, the BoData platform is designed to run on top of existing business intelligence tools and scripts while at the same time adding security and auditing functions.
Immuta said it would use the seed funding to expand its technology offerings and to expand into enterprise markets. The company has enlisted Mike Olson, Cloudera’s chief technology officer, as an adviser.
Other investors in the seed-funding round are Sequoia Holdings’ new venture investment arm, Sequoia Apps.
Former U.S. intelligence agencies contractors launched Immuta last fall. The company’s technology is based on its common “distributed data framework” the provides the highest level of security for processing sensitive data.
The company’s push into enterprise market entails expanding its data management tool kit “to align the data engineer, business analyst and data scientist” so they can focus on data analytics products rather than infrastructure or middleware, David Swearingen, Sequoia’s director of data analytics, noted in a statement.
The startup and its investors also are betting that enterprises spending billions of dollars to consolidate data for analytics and business intelligence applications require a new platform to securely gain access to data spread out on different databases.
Via: Google Alert for Data Science