| Log in

Infoworks raises $5M in Series A funding from Nexus, others

30 September, 2015

Amar Arsikere, CEO, Infoworks

San Jose-headquartered Infoworks.io Inc, an automated big data management startup with engineering operations in Bangalore, has secured $5 million in Series A financing from Nexus Venture Partners, Knoll Ventures and other investors.

The money raised will be used by Infoworks to expand its management team, as per a press statement.

Naren Gupta, managing partner of Nexus has joined the Infoworks board as part of this transaction.

“Infoworks addresses a pressing industry need for building data warehouses and data models for rapidly changing big data.  We were very impressed with the company’s vision, and are excited to be part of the team,” Gupta said.

Founded in 2014 by Amar Arsikere (CEO) and Buno Pati (Chairman), Infoworks has developed an automated management solution to discover, organise and manage data on Hadoop.

A Java-based programming framework, Hadoop supports processing of large data sets in a distributed computing environment.

“Just as Google crawls the web and organises information for search, the Infoworks dynamic date warehousing (DDW) platform automatically crawls enterprise databases, ingests the data into Hadoop, and organises it into high performance data warehouses and other data models that support all enterprise use cases,” said Arsikere.

Nexus is an India-focused venture capital firm with over $1 billion in assets under management. It has an active portfolio of over 50 companies across technology, internet, media, consumer and business services sectors.  It has positions in Snapdeal, Housing.com, Lybrate and other tech firms.


Leave Your Comment
Big data company Infoworks raises $15 mn from Centerview Capital, Nexus

Big data company Infoworks raises $15 mn from Centerview Capital, Nexus

Disha Sharma 1 year ago
Data warehousing company Infoworks.io Inc. has raised $15 million (Rs 98 crore)...
Marketing automation startup Blueshift raises $8M from Storm Ventures, Nexus

Marketing automation startup Blueshift raises $8M from Storm Ventures, Nexus

Vijayakumar Pitchiah 3 years ago
San Francisco-based Blueshift Labs Inc, a Big Data-powered marketing solutions...
Exclusive: Travel-tech startup ExploreLifeTraveling gets seed funding

Exclusive: Travel-tech startup ExploreLifeTraveling gets seed funding

Disha Sharma 1 year ago
Travel-tech startup ExploreLifeTraveling India Pvt. Ltd has raised its first...
No Comments

Infoworks raises $5M in Series A funding from Nexus, others

Powered by WordPress.com VIP