10 Hot Technology Startups For November
Big Data Key Ingredient For Many Startups On The November 2013 Emerging Vendors List
No flowers. No leaves. November. But the chill in the air isn't cooling off the IT industry's startups, including some just launching their first products and others that are beyond their initial launch and (they hope) entering a phase of rapid growth.
Many of this month's crop of emerging vendors have a big data focus, offering technology for preparing and analyzing big data, or leveraging it to improve security, industrial processes and healthcare services. Others are focused on providing technology to improve data storage, backup and recovery.
0xdata Debuts New Release Of Its Predictive Analytics Software
0xdata recently launched the second generation of its H2O machine learning and predictive analytics engine for Hadoop, R and Excel. The new software, known as the "Fluid Vector" release, performs parallel and distributed advanced algorithms on big data at speeds up to 100 times faster than competing predictive analytics tools.
The company's goal is to bring advanced predictive analysis capabilities to a broader audience of users, according to CEO SriSatish Ambati (pictured). H2O runs in-memory and uses the Hadoop Distributed File System for its storage platform.
0xdata, based in Mountain View, Calif., was founded in 2011. Earlier this year, the company raised $1.7 million in venture funding.
AetherPal Raises $6 Million In Series A Funding
AetherPal develops its Smart Care secure remote diagnostics technology that mobile service providers and mobile device OEMs use to resolve service issues, augment device performance and improve productivity.
This week the company raised $6 million in a Series A round of funding led by New Venture Partners and Point Judith Capital.
Based in South Plainfield, N.J., AetherPal was founded in 2009. Daniel Deeney is the company's CEO.
Fortscale Leverages Big Data For Cybersecurity
Fortscale is developing cybersecurity software that analyzes big data to detect, investigate and remediate security threats. The technology is especially effective in discovering suspicious user behavior and risky access activity that traditional rule-based security technology can't see, according to the company.
The software is currently undergoing beta trials and commercial availability is expected by the end of the year.
Based in Tel Aviv, Fortscale was founded in 2012 by security experts in the country's high-tech sector, some of whom previously worked for the Israel Defense Forces' intelligence and cybersecurity units. Idan Tendler is a co-founder and CEO.
Genie9 Offers Low-Cost Data Backup And Storage Alternative
Genie9 develops big data storage management and disaster recovery services for both consumers and businesses. The company's offerings include the Zoolz cloud-based data backup and storage services based on Amazon's low-cost Glacier online file storage service that's designed to store infrequently accessed data.
Burlington, Mass.-based Genie9 was founded in 2010. Muayyad Shehadeh is the company's CEO.
Infinio Systems Launches Technology For Optimizing Virtualized Storage
Infinio Systems develops technology to improve the performance of network-attached storage systems in virtualized environments. This week its first software product, Infinio Accelerator v1.0, became generally available after a two-month public beta program.
In February, the company received $10 million in first-round venture funding from investors Highland Capital and Bessemer Venture Partners. They joined Lightspeed Venture Partners and other angel investors who provided $2 million in initial seed money to launch the company.
Formerly called SilverLining Systems, Infinio Systems was founded in 2011. The Cambridge, Mass., based company changed its name in February 2013. Co-founder Arun Agarwal (pictured) is the company's CEO, while co-founder Vishal Misra is CTO.
Kryuus Brings Big Data Analysis To Healthcare
Founded by a group of physicians and technologists, Kryuus develops software that hospitals and health systems use to leverage big data to build, operate and optimize their physician networks. The company's applications integrate massive amounts of information to help healthcare providers improve patient access, referral management and care coordination operations.
Launched in 2010, Boston-based Kryuus is led by Co-Founder and CEO Graham Gardner, and Co-Founder and Chief Product Officer Julie Choo. In January, the company raised $11 million in Series B funding, bringing its total financing to $19.6 million.
Paxata Launches Adaptive Data Preparation Platform
Paxata last month debuted its cloud-based Adaptive Data Preparation Platform that helps business analysts collect and combine raw data and prepare it for analysis. The software uses a set of prebuilt data preparation services automated by machine learning, latent semantic indexing, statistical pattern recognition and text analytics.
The software works with business analytics tools such as Tableau, QlikView and Excel.
Based in Redwood City, Calif., Paxata was co-founded in May 2012 by CEO Prakash Nanduri. In October, Paxata raised $8 million in Series B funding, led by Accel Partners.
PubNub Enables Development Of Large-Scale, Realtime Applications
PubNub recently debuted PubNub Access Manager (PAM) for serverless access control to the company's cloud-based, realtime infrastructure network. PAM makes it easier for developers to manage granular permissions for realtime applications and data, according to the company.
Founded in 2010 by CEO Todd Greene, San Francisco-based PubNub offers API technology that developers use to rapidly build and scale applications. The API delivers realtime interactivity across mobile devices, browsers, desktop computers and servers and supports more than 50 environments, including iOS, Android and JavaScript.
In September, PubNub received $11 million in a second round of venture funding led by Scale Venture Partners. That takes the total raised by the company to $15.5 million.
Seeq Raises $6 Million In Series A Funding
Seeq is developing software that converts industrial process data from sensors and instrument systems into useful actionable business intelligence that companies can use to improve their business decisions.
This week, Seattle-based Seeq raised $6 million in a Series A funding round led by Second Avenue Partners, with participation from Madrona Venture Group, Clear Fir Partners and individual investors.
CEO Steve Sliwa founded Seeq in May of this year. He was previously CEO of Insitu, a developer of unmanned aircraft that Boeing acquired in 2008.
TaxJar Offers Software For Managing The Sales Tax Dilemma
TaxJar develops sales tax management software for small and midsize online sellers. Last month the company debuted TaxJar Pro, an automated local sales tax reporting tool for accountants who serve ecommerce clients with Amazon, Shopify, eBay, Etsy and PayPal accounts. The application shows where sales were made, the amount of tax collected and state filing due dates.
San Diego-based TaxJar, founded by CEO Mark Faggiano, was launched in June of this year.
The company's website, taxjar.com, has pages for all 50 states with details about tax compliance laws, record-keeping requirements, filing information, deadlines, links to tax forms and other information.