Datameer Snags $40M Series E for International Expansion

Datameer, the San Francisco-based data analytics provider, has received a $40 million round of Series E funding to help it expand globally. The company was founded in 2009 and uses the open source Hadoop distributed computing framework, meant to help businesses run analytics of large data sets, Datameer says. The Series E round was led by ST Telemedia, along with Top Tier Capital Partners, Kleiner Perkins Caulfield & Byers, Redpoint, Next World Capital and Software AG. Nikhil Eapen, chief strategy and investment officer of ST Telemedia, is joining Datameer’s board. The company says Eapen has extensive knowledge of communications, media, and technology in Asia.

Author: David Holley

David is the national correspondent at Xconomy. He has spent most of his career covering business of every kind, from breweries in Oregon to investment banks in New York. A native of the Pacific Northwest, David started his career reporting at weekly and daily newspapers, covering murder trials, city council meetings, the expanding startup tech industry in the region, and everything between. He left the West Coast to pursue business journalism in New York, first writing about biotech and then private equity at The Deal. After a stint at Bloomberg News writing about high-yield bonds and leveraged loans, David relocated from New York to Austin, TX. He graduated from Portland State University.