Funds for Heavy-Duty Data Handling Software Firm e6

In San Francisco, big data analysis firm e6data has secured $10m in a Series A funding round, with which to expand operations and accelerate product development.

e6data was founded in 2021 by a team of systems engineers, database builders, open source committers and go-to-market leaders from Microsoft, IBM DB2, Cisco, SAP and Thoughtworks, boasting experience of more than 100 large-scale data intelligence platforms. The firm offers a lakehouse SQL engine for enterprise data analytics, purpose-built for 'heavy, compute-intensive' data intelligence workloads, and promising 'zero data movement, zero application migration, and zero down-time'. It employs more than 60 people.

The round was led by Accel with participation from Beenext and others.

Co-founder and CEO Vishnu Vasanth comments: 'Legitimate ROI concerns stand in the way of enterprises realizing the full potential of data & AI. Moreover, organizations cannot freely move lakehouse table formats, data catalogs, compute providers, and cloud providers without adverse price-performance impacts, the need for data movement, and cumbersome application migrations. We aim to address this through our work at e6data'.

Web site: www.e6data.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.