Five Minute Briefing - Information Management
October 3, 2018
Five Minute Briefing - Information Management: October 3, 2018. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
Arcadia Data, provider of visual analytics software native to Apache Hadoop and the cloud, has raised $15 million in a Series B funding to support strategies and product innovation. This round was led by Pelion Venture Partners with participation from existing investors Intel Capital, Mayfield Fund, and Blumberg Capital. The round brings total equity raised to $27 million and reflects the sustained five-fold organizational growth and strong customer momentum the company has achieved.
Oracle is releasing the Oracle Autonomous NoSQL Database, the newest addition to the Oracle Autonomous Database portfolio, designed for workloads needing fast and predictable responses to simple operations. The self-driving database service enables developers to easily deploy massive-scale applications, including UI personalization, shopping carts, online fraud detection, gaming, and advertising.