Bloomberg Beta reinvested in the data protection software provider's latest round, having been a participant in a $5m round in February 2015.
US-based data protection software developer BlueTalon closed a series A round sized at more than $16m yesterday, securing funds from investors including Bloomberg Beta, the strategic investment arm of media firm Bloomberg.
The round was led by Maverick Ventures, the VC affiliate of hedge fund Maverick Capital, and included Arsenal Venture Partners, Signia Venture Partners, Data Collective, Divergent Ventures and Stanford-StartX Fund.
BlueTalon’s Policy Engine software provides user access to big data and new data platforms like Hadoop and Spark…
