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IT Briefcase Exclusive Interview: New Solutions Keeping Enterprise Business Ahead of the Game

IT Briefcase Exclusive Interview: New Solutions Keeping Enterprise Business Ahead of the Game

with Sander Barens, Expereo
In this interview, Sander Barens...

IT Briefcase Exclusive Interview: The Tipping Point – When Things Changed for Cloud Computing

IT Briefcase Exclusive Interview: The Tipping Point – When Things Changed for Cloud Computing

with Shawn Moore, Solodev
In this interview, Shawn Moore,...

Driving Better Outcomes through Workforce Analytics Webcast

Driving Better Outcomes through Workforce Analytics Webcast

Find out what’s really going on in your business...

Legacy Modernization: Look to the Cloud and Open Systems

Legacy Modernization: Look to the Cloud and Open Systems

On the surface, mainframe architecture seems relatively simple: A...

Still keeping your hybrid power systems indoors?  It’s time for change.

Still keeping your hybrid power systems indoors? It’s time for change.

Mobile telecommunications network equipment is expected to work without...

Accel Creates $100 Million Fund For Big Data

November 9, 2011 No Comments

SOURCE:  Accel Partners

Accel Partners, the venture firm behind Facebook, Groupon and other hot consumer companies, is creating a $100 million fund dedicated to a different area: big data.

Accel has already been investing in this space with companies such as Cloudera and Fusion.io (story) and QlikTech. The firm actually has a long background in enterprise software before it became known for Facebook. With the new big data fund, which will operate globally across its offices in the U.S., U.K., China and India, Accel is hoping to fund more such companies. The firm is looking for startups “across the big data stack,” says Accel partner Ping Li. That includes infrastructure, storage, security, and data management, as well as applications built on top of that infrastructure such as business intelligence, collaboration, mobile, apps, and the like.

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DATA and ANALYTICS , News

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