Xcalar Releases New Platform Update and Receives $21 Million in Recent Funding Round

Xcalar, a startup offering business analytic solutions, is releasing version 1.2 of its business analytics platform, enabling the fastest, easiest, and most cost-effective access to actionable insights.

"With Xcalar 1.2, businesses, large organizations, and governments can extract critical insights from all their data sources, including images and media,” said CEO Vikram Joshi. “ They can use our visual programming to benefit from powerful open source technologies such as Google TensorFlow." Vikram previously founded ioTurbine and PixBlitz Studios, and is an engineering veteran of Oracle, SGI, and Sun Microsystems.

Updates to Xcalar 1.2 include user-friendly UI/UX that does not require programing skills to design models, create queries, synthesize schemas, build regression analysis algorithms, and even design new Machine Learning algorithms; the ability to scale-out to hundreds of nodes, thousands of users, and petabytes of data; point-and-click access to directly read all data types (semi-structured, unstructured, and structured) stored in the cloud or on-prem (Amazon S3, Microsoft Azure Storage, Google Cloud Storage, HDFS, SAN, NAS, NFS, or local file systems); on-prem or in the cloud deployment; seamless integration with leading visualization tools such as Tableau, Microsoft Power BI, Looker, Domo, Qlik, and a variety of reporting tools; and more.

In addition to the platform update, Xcalar also announced it has secured over $21 million in venture funding to date with its Series A round led by Khosla Ventures. Other investors include industry visionaries Andy Bechtolsheim and Diane Greene, and Silicon Valley venture capital firm, Merus Capital.

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