Xplenty, a big data processing platform powered by Hadoop, will now offer its technology directly to customers in the United States. The company has also raised $3 million in Series A funding from Waarde Capital and existing seed investor Magma Venture Partners of Israel. The investment will allow Xplenty to expand its platform’s features and continue to grow globally.
Powered by Hadoop, Xplenty enables organizations to integrate, process, and prepare data for analytics both on the cloud and on-premise, without any Hadoop expertise or background writing code.
Hadoop is an open-source software project that facilitates the processing of large data sets in a distributed computing environment. It is designed to scale up from a single server to thousands of machines and can handle all types of information from disparate systems, including both structured and unstructured data.
AWS, Rackspace, Softlayer
Xplenty provides Hadoop processing in a coding-free environment, ensuring businesses can quickly and easily benefit from the opportunities offered by big data without having to invest in hardware, software or related personnel. Xplenty can run on top of Amazon’s cloud environment (AWS), as well as other cloud environments – such as Rackspace and Softlayer IBM – or can connect to on-premise infrastructure.
“The key benefit of the Xplenty platform is the ability to run data processing on top of Hadoop in a short time, and without the need of in-house Hadoop expertise,” said Sasha Babitsky, the Head of Waarde Capital’s Israeli Office. “It is an impressive solution that corresponds directly to a clear and growing organizational need. We are excited to support Xplenty and fuel the next stage of their growth.”