MapD pinpoints corporates to raise $10m

Apr 1, 2016 • Robert Lavine

Verizon has joined existing investors including Alphabet and Nvidia to help the graphic-powered data technology company close its series A round.

US-based data analytics and visualisation software developer MapD Technologies has completed a $10m series A round featuring graphics processing unit (GPU) producer Nvidia, telecommunications company Verizon and internet technology firm Alphabet.

The round was led by venture capital firm Vanedge Capital, while Alphabet and Verizon respectively took part through their GV and Verizon Ventures subsidiaries.

Founded in 2013, MapD has built a database and visual analytics platform powered by GPUs that lets data analysts rapidly and interatcively explore big datasets.…

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