Here Are The Stellar Startup Big Data Vendors To Know In 2024
As part of CRN’s Stellar Startups for 2024, here are 10 big data technology startups, founded in 2018 or later, that solution providers should be aware of.
Big Data, Big Opportunities
As data volumes continue to explode the global “datasphere” – the total amount of data created, captured, replicated and consumed – is growing at more than 20 percent a year and is forecast to reach nearly 300 zettabytes by 2027, according to market researcher IDC.
Businesses and organizations are seeking ways to leverage all that data for competitive advantage. They are analyzing it to gain insights about markets, their customers and their own operations. They are using the data to fuel digital transformation initiatives and support new data-intensive services. And more recently they are using data to fuel the AI applications and models that are rapidly remaking the IT industry.
But with data increasingly spread across on-premises, hybrid and multi-cloud system, managing all this data is a major challenge. That’s why there is a steady stream of startup companies developing leading-edge technologies to help businesses access, collect, manage, move, transform, analyze, understand, measure, govern, maintain and secure all this data.
All this means that big data technologies present a major opportunity for solution providers, MSPs and strategic service providers. As part of CRN’s Stellar Startups for 2024, here are 10 big data technology startups, founded in 2010 or later, that solution providers should get to know.
Acceldata
Founded: 2018
Top Executive: Rohit Choudhary, CEO
Acceldata is a leading provider of an all-in-one enterprise data observability platform that revolutionizes how organizations manage data. Offering real-time control and AI-powered intelligence, the platform delivers actionable insights into data quality, pipelines, infrastructure, users and costs, helping organizations improve data reliability, eliminate pipeline inefficiencies, optimize performance and maximize ROI.
Website: https://www.acceldata.io/
Airbyte
Founded: 2020
Top Executive: Michel Tricot, CEO and Co-Founder
Airbyte, a leading open data movement platform, empowers data teams in the AI era by transforming raw data into actionable intelligence with the largest ecosystem of more than 300 connectors and 20,000 data engineers.
Website: https://airbyte.com/
Cribl
Founded: 2018
Top Executive: Clint Sharp, CEO and Co-Founder
Cribl, the data engine for IT and security, empowers organizations to transform their data strategy. Customers use Cribl to analyze, collect, process, and route all IT and security data, delivering the choice, control and flexibility required to adapt to ever-changing needs.
Website: https://cribl.io/
DataPelago
Founded: 2021
Top Executive: Rajan Goyal, CEO and Co-Founder
DataPelago's Universal Data Processing engine, built for accelerated computing, creates a new data processing standard that overcomes existing solutions' performance, cost and scalability limitations. The company's vision is to make it viable for every organization to unlock the value of all their data to fuel GenAI and data analytics workloads.
Website: datapelago.io
Hex Technologies
Founded: 2019
Top Executive: Barry McCardel, CEO and Co-Founder
Hex Technologies provides a modern, collaborative data science and analytics workspace for data and business teams. The platform combines the capabilities of traditional data science notebooks with integrated AI assistance, data apps and reports, and advanced collaboration capabilities.
Website: https://hex.tech/
MotherDuck
Founded: 2022
Top Executive: Jordan Tigani, CEO and Co-Founder
MotherDuck launched the first release of its serverless MotherDuck Cloud Analytics Platform in June 2023, combining cloud and embedded database technology to make it easy to analyze data no matter where it resides. MotherDuck’s software is based on the DuckDB open-source, embeddable database.
Website: https://motherduck.com/
Onehouse
Founded: 2021
Top Executive: Vinoth Chandar, CEO and Founder
Onehouse develops a fully managed “universal data lakehouse” cloud service, built on Apache Hudi, that the company says blends the ease of a data warehouse with the scale of a data lake. In June Onehouse raised $35 million in Series B funding.
Website: https://www.onehouse.ai/
Pinecone
Founded: 2019
Top Executive: Edo Liberty, CEO and Founder
Pinecone develops vector database software used to build and scale state-of-the-art AI applications. In January the company debuted the Pinecone Serverless vector database targeted toward developing GenAI applications and providing large language models with large volumes of data on-demand.
Website: https://www.pinecone.io/
Rivery
Founded: 2019
Top Executive: Itamar Ben Hemo, CEO and Co-Founder
Rivery simplifies data integration for businesses to help build strong, secure, and unified data infrastructures, bringing together over 200 fully managed data services into a single platform. Rivery helps companies build reliable data pipelines in minutes to eliminate spending time and resources coding and maintaining complex data infrastructure.
Website: www.rivery.io
Tessell
Founded: 2021
Top Executive: Bala Kuchibhotla, CEO and Co-Founder
Tessell provides self-service, policy-based access, DevOps integration, full production monitoring, and lifecycle management for Oracle, PostgreSQL, MySQL, Microsoft SQL Server, Milvus, and MongoDB database engines. Leveraging the high-performance NVMe storage capabilities of the cloud, Tessell excels in handling demanding production workloads and optimizing database consolidation for maximum economic efficiency.
Website: https://www.tessell.com