Platfora Gets $20 Million Round

Platfora, the Big Data analytics start-up that just surfaced last month, has picked up a $20 million B round led by Battery Ventures with participation from existing investors Andreessen Horowitz and Sutter Hill Ventures. In-Q-Tel, the CIA’s venture arm, is also an investor in the company.
Platfora got a roughly $7.2 million A round a little over a year ago.
It will use the new money to expand sales and marketing and build out its product engineering and design team.
Platfora transforms raw data in Hadoop into scale-out, in-memory BI without recourse to a data warehouse. Non-technical business users can explore and analyze Big Data through a web-based interface. It uses HTML5 canvas technology for collaborative data analysis across any device or platform.

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