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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
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Zoomdata Snags $25M to Take on Tableau

Barb Darrow
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Barb Darrow
Barb Darrow
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Barb Darrow
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Barb Darrow
Barb Darrow
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February 17, 2016, 7:00 AM ET
Zoomdata CEO Justin Langseth
Zoomdata CEO Justin LangsethZoomdata
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Zoomdata, which converts data from many sources into a more understandable visual format, now has $25 million in new funding to build out that business.

Goldman Sachs (GS) Principal Strategic Investments Group led this Series C round joined by Comcast (CMCSA) Ventures and existing backers Accel Partners, Columbus Nova Technology Partners and NEA. Total funding now stands at $47.2 million.

Zoomdata, based Redwood Shores, Calif., is one of a bevy of new-age business intelligence companies including Tableau (DATA), Qliktech, Looker, Palantir and Trifacta, which just scored a $35 million round of its own.

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The company provides a window, or dashboard, on data residing in a Cloudera, Hortonworks Hadoop or other repository. And, unlike some competitors, it claims it can query Oracle (ORCL), MongoDB (MONGODB), or streaming data natively—which means the user does not have to “clean up” that data first using a traditional Extract Tranform Load (ETL) tool.

 

 

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