Tech Company Financing Transactions
Qubole Funding Round
Qubole, based in Santa Clara, scored $30 million in investment from IVP, CRV and Lightspeed Venture Partners.
Transaction Overview
Company Name
Announced On
1/21/2016
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Investors
IVP (Lead Investor) (Somesh Dash)
CRV (Devdutt Yellurkar)
Lightspeed Venture Partners (Arif Janmohamed)
Norwest Venture Partners (Rama Sekhar)
Proceeds Purpose
Qubole will use this funding to expand the availability of Qubole Data Service (QDS), a self-service platform for big data analytics, and to integrate new data engines so customers can choose the right tool for their data analytics needs. The company plans to target several new verticals, including Internet of Things (IoT), life sciences and retail. Additionally, the company will target larger enterprises that are accelerating their usage of the cloud. It will also expand its customer acquisition efforts in the APAC and EU regions.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
469 El Camino Real 205
Santa Clara, CA 95050
USA
Santa Clara, CA 95050
USA
Phone
Website
Email Address
Not Recorded
Overview
At Qubole, we are busy building the next generation cloud data platform. We believe a new approach is needed -- one that hides the complexity commonly associated with storing and managing data and instead provides a fast, easy path to analysis and business insight.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ashish Thusoo
Chief Financial Officer
Dean Neese
Chief Information Officer
Drew Daniels
Chief Operating Officer
Kevin Kennedy
Co-Founder
Joydeep Sarma
VP - Engineering
Scott Howard
VP - Engineering
Namit Jain
VP - Finance
Ken Tamura
VP - Marketing
Utpal Bhatt
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We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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