{"id":2835,"date":"2012-03-13T07:00:17","date_gmt":"2012-03-13T15:00:17","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=2835"},"modified":"2012-03-13T07:00:17","modified_gmt":"2012-03-13T15:00:17","slug":"big-data-venture-funds-flow-into-analytics-startups","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/big-data-venture-funds-flow-into-analytics-startups\/","title":{"rendered":"Big Data: Venture Funds Flow into Analytics Startups"},"content":{"rendered":"

With the big hype around Big-Data-related technologies continues, it is not surprising that venture capital money is flowing into the technology at a feverish pace.<\/p>\n

In 2011, Thomson Reuters<\/a> estimates that\u00a0US venture companies invested a total<\/a> of $2.47 billion into new big data, database and data processing technologies. \u00a0That’s up from $1.53 billion in 201 and $1.1 billion in 2009. \u00a0Total venture capital investments<\/a> in 2011 were $28.43 billion and $23.26 billion in 2010. \u00a0During the tail end of 2011, venture funding for Hadoop and No SQL technologies,<\/a> key elements of many Big Data solutions, shoot up by more than 266 percent. \u00a0Companies like Opera Solutions<\/a>, Cloudera, <\/a>10gen <\/a>and MapR Technologies<\/a> were big recipients. \u00a0Mu Sigma<\/a>, a big data analytics consulting company, received more than $133 million<\/a> in VC monies alone.<\/p>\n

Big Data analytic techniques are being applied to just about every sector, including retail, healthcare and social media. \u00a0Consider the 100 petabytes of photos and videos managed by Facebook<\/a>. \u00a0They’ve needed to build specialized algorithms and functions for searching, retrieving and managing their data. \u00a0Jim Smith of Mohr Davidow Ventures<\/a> said\u00a0that\u00a0“Social media is not monetizable without big data. \u00a0It would be impossible to target ads precisely without it.” \u00a0And while Facebook may lie at one end of the spectrum in terms of the volume of data being managed by a single organization, companies ranging from Walmart to Microsoft, to big insurers and financial institutions — they’re all coming to grips with massive amounts of data. \u00a0Ping Li<\/a> of Accel Partners said that<\/a> “Data now comes from all directions and this massive amount doesn\u2019t necessarily fit nicely in an Oracle database.”<\/p>\n

David Smith<\/a>, vice president at Revolution Analytics,\u00a0wrote for GigaOm<\/a> that “The explosion of ‘big data’\u2013much of it in complex and unstructured formats\u2013has presented companies with a tremendous opportunity to leverage their data for better business insights through analytics.”<\/p>\n

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With the big hype around Big-Data-related technologies continues, it is not surprising that venture capital money is flowing into the technology at a feverish pace. In 2011, Thomson Reuters estimates that\u00a0US venture companies invested a total of $2.47 billion into…<\/span><\/p>\n

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