Maana feeds investor interest in $26m series B

May 4, 2016 • Robert Lavine

Maana, the creator of a data analytics technology for industrial assets, has welcomed Saudi Aramco to an investor base already containing GE, Shell, Chevron and Intel.

Saudi Aramco Energy Ventures, the strategic investment arm of oil and gas company Saudi Aramco, led a $26m series B round for US-based big data analytics technology developer Maana yesterday.

The round also included Shell Technology Ventures, Chevron Technology Ventures, GE Ventures and Intel Capital, subsidiaries of petroleum producers Shell and Chevron, industrial product maker General Electric and semiconductor maker respectively, and venture capital firm Frost Data Capital.

Maana’s Emergent Semantic Graph is an advanced analytics platform that helps businesses…

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