Unravel raises $35 million to manage and optimize big data apps
May 14, 2019 / KYLE WIGGERS
Big data which in most contexts refers to large data sets that are analyzed algorithmically to reveal patterns and relationships, is marching steadily toward ubiquity. According to a report published last year by Dresner Advisory Services, big data adoption in enterprise steeply climbed from 17% in 2015 to 59% in 2018. Concurrent with this trend, global market revenue projections have inched upward, with firms like Wikibon anticipating an increase from $42 billion last year to $103 billion in 2027.
Just because big data apps and systems are popular doesn’t mean they’re easy to manage, though. That’s where Unravel comes in. The Palo Alto, California-based company the brainchild of CEO Kunal Agarwal, a Sun Microsystems veteran, and Duke University computer science professor Shivnath Babu offers a full-stack data operations platform that addresses everything from data ingestion and migration to processing and transforming. It’s an eminently...