Five Minute Briefing - Information Management
February 17, 2021
Five Minute Briefing - Information Management: February 17, 2021. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
TigerGraph, provider of a leading graph analytics platform, announced it has raised $105 million in Series C funding, empowering the company to innovate to better support its customers. According to the vendor, this is the largest funding round to date within the graph database and analytics market. The round was led by Tiger Global and brings TigerGraph's total funding raised to over $170 million.
Zadara, the edge cloud and in enterprise storage-as-a-service provider, is acquiring NeoKarm, provider of highly flexible multi-cloud hybrid platforms. With this acquisition, Zadara obtains NeoKarm technology including the former Stratoscale software IP, which enables MSPs to offer an on-demand private cloud built and fully-managed by Zadara.