5 MINUTE BRIEFING INFORMATION MANAGEMENT

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Five Minute Briefing - Information Management
August 6, 2019

Five Minute Briefing - Information Management: August 6, 2019. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.


News Flashes

Cockroach Labs, provider of the distributed SQL database CockroachDB, is receiving $55 million in series C funding, enabling the company to further grow CockroachDB. The round is led by Altimeter Capital, Tiger Global, and existing investor GV, with participation from existing investors Benchmark, Index Ventures, Redpoint Ventures, FirstMark Capital, and Work-Bench, and brings Cockroach Labs' total funding to $108.5 million.

GigaSpaces, the provider of InsightEdge, is offering the platform on the Amazon Web Services (AWS) Marketplace to address speed challenges faced by organizations in their big data stack around latency, ingestion rate, and scale. GigaSpaces InsightEdge provides a powerful, scalable software platform which co-locates business logic, analytics, and data processing in the same memory space, resulting in extreme performance.

Hewlett Packard Enterprise has acquired the business assets of MapR, a data platform for AI and analytics applications powered by scale-out, multi-cloud, and multi-protocol file system technology. "MapR's file system technology enables HPE to offer a complete portfolio of products to drive artificial intelligence and analytics applications and strengthens our ability to help customers manage their data assets end to end, from edge to cloud," said Antonio Neri, president and CEO of Hewlett Packard Enterprise.

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