Singtel Innov8 has co-led a $25m round for big data technology developer Qubole, which will use the funding to expand its presence in Asia.
US-based big data software provider Qubole has closed a $25m round co-led by Singtel Innov8, the corporate venturing subsidiary of telecoms firm Singapore Telecommunications.
Harmony Partners led the round, which included fellow venture capital firms CRV, Lightspeed Venture Partners, Institutional Venture Partners and Norwest Venture Partners, the latter of which is sponsored by financial services provider Wells Fargo.
Qubole has developed a big data analytics platform that hosts data in the cloud, using auto-scaled big data clusters and integrated toolsets…
