Workday, HR software company, raised $637 million in its IPO. The company offered 22.75 million Class A shares at $28 per share, bringing market cap of about $4.5 billion. offering of 22,750,000 shares of its Class A common stock at a price to the public of $28.00 per share. The HR software market is forecast to grow by 2018 with CAGR of 2.4%, says a recent market study Human Resources (HR) Software Market Forecast 2013-2018.
In September 2012 two companies providing high performance Wi-Fi solutions raised venture capital in two separate but almost identical deals:
RainStor, a provider of database solutions for Big Data, has raised $12 million. The new funding will be used to accelerate engineering, expand a team and target marketing at Big Data market serving financial services, government, communications and other sectors driving the Big Data wave. RainStor provides a database, which enables the enterprise to manage and analyze petabyte scale at the lowest total cost. RainStor’s database has been adopted by over 100 global enterprises. Customers can flexibly deploy RainStor across a variety of low cost scalable hardware platforms including SAN, NAS, CAS in addition to Cloud and operates natively on Apache Hadoop. RainStor provides analytic and query access via standard SQL, popular BI tools and native MapReduce when running on HDFS.
This venture deal is an another evidence that the Big Data enters a phase of explosive growth, the following market studies support this point:
Cloudant, provider of cloud solutions, has announced a custom development and strategic investment agreement with In-Q-Tel (IQT), the venture arm of the U.S. Intelligence Community. Cloudant provides the Cloudant Data Layer as a service, a secure NoSQL-based cloud database service for developers of fast-growing Web and mobile applications. The U.S. government explores NoSQL technology to build scalable applications that collect, store, analyze and distribute data in more flexible and interactive ways.
The Cloudant Data Layer is a managed NoSQL database service for developers of fast-growing Web and mobile apps. With an Apache CouchDB-compatible, RESTful JSON API, built-in MapReduce, data replication and synch, and full-text search, Cloudant enables fast development and can distribute data across a global network of data centers or mobile devices for fault-tolerant, low-latency access to data by users anywhere.
Lately we see a lot of interest from government agencies all over the world in cloud and Big Data technologies:
DataStax, provider of the NoSQL solutions for mission-critical enterprise applications, has raised $25 million C round of funding. The company’s press release states explosive demand for DataStax, with company bookings increasing by over 400 percent in 2012. DataStax provides a Big Data platform that powers the enterprise through Apache Cassandra, the massively scalable NoSQL database. This venture deal is an another evidence that the Big Data market is red hot. The following market studies predict robust growth in the Big Data market for years to come:
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