Periscope Data pulls in $25 million in Series B

Periscope Info, the organization that allows information scientists rapidly create personalized, very specific visualizations of their information, has signed the expression sheet on a ~$twenty five million funding spherical, in accordance to sources close to the subject.

Sources informed TechCrunch that the pre-funding valuation was at $a hundred million, and the spherical was led by existing Periscope Info trader DFJ. DFJ also led Periscope Data’s Series A spherical of $nine.5 million.

Periscope Info usually takes raw information from several sources — the most popular are MySQL, PostgreSQL, Amazon Redshift (which has a partnership with the startup but does not devote), Salesforce and Microsoft SQL Server — and with a couple quick commands, allows engineers build graphics to help make superior perception of the quantities.

But what is more remarkable is the speed at which Periscope Info is in a position to build these visualizations. The organization statements that Periscope Info is one hundred fifty times quicker than any other information visualization device on the marketplace.

Portion of that is owing to the point that the visualization aspect by itself was a little bit of an incident. The organization was originally architected as a web site where engineers could enter information queries based on information in the cloud and get a fast respond to, with a visualization device as an insert-on. Turns out, information scientists definitely delight in the visual side of what Periscope Info delivers and the organization commenced to choose off.

Periscope Info was established by ex-Googler Harry Glaser (now PD’s CEO) and former Microsoft software supervisor Tom O’Neill back in 2012.

We reached out to Periscope Info for comment on the story and have not heard back. We’ll update the story as quickly as we find out more.







Leave a Reply