class="post-template-default single single-post postid-6276 single-format-standard wpb-js-composer js-comp-ver-4.3.4 vc_responsive aa-prefix-advads-">
VC Solutions
News

Microsoft Has Bought Metanautix, A Big-Data Startup

Microsoft announced today that it has purchased Metanautix, a big-data focused startup that came out of stealth in 2014. The company was backed by $7 million in capital, including cash from well-known venture firm Sequoia.

Terms of the deal were not disclosed.

According to TechCrunch’s prior coverage of Metanautix, the company’s external funding came in majority at the time of its founding in 2012. When the company publicly launched, this publication reported that it had “half a dozen beta customers using [its] software.” Despite that, its run as an independent shop is over.

Microsoft intends to fold Metanautix into its “data platform, including SQL Server and the Cortana Analytics Suite.” For now, the software giant is publicly light on details past those notes.

Metanautix was launched in September 2014 by Toli Lerios and Theo Vassilakis, who previously worked at Facebook and Google, respectively. It had been backed by $7 million, including capital from Sequoia Venture Capital. Metanautix sells its technology to large corporations firms, who want to combine it with data sources from Salesforces.com. It is then used across business systems, covering databases, divisions and departments to serve expressive visions. This is cheaper than shifting overall data into central system.

Microsoft has aid nothing on how the technology will work for it, except that it will work within the Cortana Analytics Suite and SQL Server.

Comments

comments

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

HPC ASIA is Asia’s #1 source of information, update and analysis on HPC scene coupled with developments in cloud , big data, smart cities & IoT.

Popular Articles

Reach us

Address
India: Office no. 12, Level-3, Varun Towers,
Sector 20B, Faridabad (Delhi NCR)-121001, Haryana, India.
Te: +91-129-4066870

For editorial: editor@hpc-asia.com
For ads & sponsorships: sales@hpc-asia.com
For press-releases: pr@hpc-asia.com

Copyright © 2017 HPC ASIA.

To Top