Tech Company Financing Transactions
OmniSci Funding Round
On 3/30/2017, OmniSci raised $25 million in Series B financing from New Enterprise Associates, NVIDIA and Vanedge Capital.
Transaction Overview
Company Name
Announced On
3/30/2017
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
New Enterprise Associates (Lead Investor) (Greg Papadopoulos)
NVIDIA (Jeffrey Herbst)
Vanedge Capital (Moe Kermani)
Proceeds Purpose
The financing comes amid a rapid increase in the adoption of ultrafast graphics processing units (GPUs) to power enterprise applications including machine learning, numerical computation and now data analytics.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
100 Montgomery St. 5th floor
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
Email Address
Overview
OmniSci (formerly MapD) is the creator of the extreme analytics platform, used in business and government to find insights in big data beyond the limits of mainstream analytics tools. The platform, available in cloud, open source, and enterprise versions, harnesses the massive parallel computing of GPUs for breakthrough performance at scale.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Todd Mostak
Vice President
Aaron Williams
VP - Finance
Alan Wong
VP - Product Management
Venkat Krishnamurthy
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