Big Data Startups News: April – June 2015
U.S. venture capital investments rose 24% in the second quarter of 2015, reaching dot-com era levels of $19.19 billion, according to Dow Jones VentureSource. Worldwide, venture capital investments in the second quarter rose to $32 billion, according to KPMG and CB Insights.
Here are the funding and exits highlights of the second quarter of 2015 in the big data space.
Domo, provider of a cloud-based business management platform (or next-generation business intelligence), has raised $200 million in Series D funding from BlackRock, Capital Group, Glynn Capital Management and existing investor GGV Capital, bringing total funding to more than $450 million.
MarkLogic, provider of a NoSQL database, has raised $102M in Series F funding from Wellington Management Company LLP, Arrowpoint Partners, and existing investors Northgate Capital, Sequoia Capital, Tenaya Capital, and Gary Bloom, president and CEO of MarkLogic, bringing total funding to $175.6 million.
Banjo, building a real-time data platform (and “the ultimate crystal ball”), has raised $100 million in Series C funding from Softbank and BlueRun Ventures, bringing total funding to $121 million.
Sumo Logic, provider of an analytics platform for machine-generated data, has raised $80 million in a Series E round from DFJ Growth, Institutional Venture Partners (IVP) and existing investors Greylock Partners, Sequoia Capital, Sutter Hill Ventures and Accel Partners, bringing total funding to $160.5 million.
Snowflake Computing, provider of a cloud-based data warehouse, has raised $45 million in Series C funding from Altimeter Capital and existing investors Redpoint Ventures, Sutter Hill Ventures and Wing Ventures, bringing total funding $71 million.
Saama Technologies, a provider of data analytics services, has raised $35 million in Series A funding from Carrick Capital Partners, its first institutional investor.
Guavus, provider of big data analytics applications for operational intelligence, has raised $30 million in funding from new and existing investors, bringing total funding to $129 million from Translink Capital, Goldman Sachs, QuestMark Partners, Investor Growth Capital, SingTel Innov8, Intel Capital, Sofinnova Ventures and Artiman Ventures.
Lattice Engines, provider of predictive marketing and sales applications, has raised $28 million in Series D funding from River Cities Capital Funds, Piper Jaffray Merchant Banking, Blue Cloud Ventures and existing investors Sequoia Capital and New Enterprise Associates (NEA), bringing total funding to $75 million.
Feedzai, using machine learning for fraud prevention, has raised $17.5 million in Series B funding from Oak HC/FT and existing investors, Sapphire Ventures and Espirito Santo Ventures, bringing total funding to $26.1 million.
Rocana, provider of root cause analysis software, has raised $15 million in Series B funding from Google Ventures, Toba Capital, Paul Sagan, and existing investor General Catalyst, bringing total funding to $19.4 million.
Windward, a maritime data analytics startup, has raised $10.8 million in Series B from led Horizons Ventures, existing investor Aleph, and others, bringing total funding to $15.8 million.
mnubo, provider of IoT data analytics, has raised $6 million in Series A funding from White Star Capital, and McRock Capital.
MasterCard has acquired cloud-based analytics provider Applied Predictive Technologies for $600 million.
PTC has acquired ColdLight, provider of an automated predictive analytics platform for approximately $105 million.
Spotify has acquired data analytics startup Seed Scientific to establish a new Advanced Analytics unit. Terms of the deal were not disclosed.
Pandora has acquired data analytics startup Next Big Sound. Terms of the deal were not disclosed.
Microsoft has acquired Datazen, a mobile business intelligence and data visualization service. Terms of the deal were not disclosed.
Twitter has acquired machine learning startup Whetlab. Terms of the deal were not disclosed.
New to the big data scene
Lyra Health, a new behavioral health technology bringing data analytics to mental health, launched with seed funding from former Facebook and Genentech CFO David Ebersman and the venture capital firm Venrock. It has also raised $3.1 million from Castlight Health.
Maana, a provider of enterprise search and discovery platform, has raised $11 million in Series A funding from Chevron Technology Ventures, ConocoPhillips Technology Ventures, Frost Data Capital, GE Ventures, and Intel Capital, bringing total funding to more than $14 million.
Massive Analytic, developer of an AI tool providing knowledge of possible events and outcomes before they occur, has released its platform for testing and has also raised $2 million in seed funding.
Big Data Startups News January – March 2015
The first quarter of 2015 was the most-funded quarter since 2000: $13.4 billion in 1,020 deals, a 26 percent increase over the first quarter of 2014, according to a MoneyTree Report.
Here are the funding and exits highlights of the first quarter of 2015 in the big data space.
Dataminr, a data mining startup, has raised $130 million in Series D funding from Fidelity financial and other institutions and prominent individuals in the finance industry, bringing total funding to about $180 million.
MongoDB, provider of a document-oriented database, has raised $80 million in Series G funding, led by a sovereign wealth fund, with participation from Goldman Sachs and from existing investors Altimeter Capital, NEA, Sequoia and funds managed by T. Rowe Price Associates, Inc, bringing total funding to $311 million.
Birst, provider of cloud-based business intelligence and analytics, has raised $65 million in Series F funding led by Wellington Management Company LLP with participation by all existing investors including Sequoia Capital, Hummer Winblad, DAG Ventures and Northgate Capital, bringing total funding to $156 million.
InsideSales.com, provider of cloud-based predictive analytics “sales acceleration” platform, has raised $60 million in Series D funding, led by Salesforce Ventures, Salesforce’s global corporate investment group, with participation from Microsoft as well as existing venture investors Polaris Partners, Kleiner Perkins Caufield Byers, Hummer Winblad, U.S. Venture Partners, Epic Ventures, and Zetta Venture Partners, bringing total funding to $199 million.
Singapore-based Antuit Holdings Pte Ltd, provider of big data solutions, has raised $56 million in Series A funding, led by Goldman Sachs and Zodius Capital , bringing total funding to $60 million.
Ayasdi, provider of “machine intelligence” (data mining with Topological Data Analysis) software, has raised $55 million in Series C funding, led by Kleiner Perkins Caufield & Byers (KPCB), with existing investors Institutional Venture Partners (IVP), Khosla Ventures, FLOODGATE, Citi Ventures, and new investors Centerview Capital Technology and Draper Nexus, bringing total funding to more than $106 million.
App Annie, provider of mobile analytics, has raised $55 million in Series D funding, led by Institutional Venture Partners (IVP), with participation from existing investors Sequoia Capital, Greycroft Partners, IDG Capital Partners, e.ventures and Infinity Venture Partners, bringing total funding to $94 million.
Localytics, provider of a marketing analytics platform, has raised $35 million in Series D funding led by Sapphire Ventures with participation from existing investors Foundation Capital and Polaris Partners, bringing its total funding to $60 million.
Tel-Aviv-based ClickTale, provider of customer experience analytics platform, has raised $35 million in Series C funding, led by KKR, with participation from Amadeus Capital Partners, Viola Credit and other existing investors, bringing total funding to $60 million.
Looker, a business intelligence startup, has raised $30 million in Series B funding led by new investor Meritech Capital Partners, with participation by Sapphire Ventures and existing investors Redpoint Ventures, First Round Capital, PivotNorth, bringing total funding to about $48 million.
Miovision, developer of software that converts video of vehicle traffic into data, has raised C$30 million ($23.83 million) in Series B funding, led by Canadian merchant bank MacKinnon, Bennett & Co. with participation from Investeco Capital, Renewal Funds, Plaza Ventures and Comerica.
6sense, provider of predictive analytics for B2B sales and marketing, has raised $20 million in Series B funding led by Bain Capital Ventures, with participation from existing investors Battery Ventures and Venrock, bringing total funding to $36 million.
Neo Technology, developer of a graph database, has raised $20 million in Series C funding, led by Creandum with Dawn Capital and with participation from current investors Fidelity Growth Partners Europe, Sunstone Capital and Conor Venture Partners, bringing total funding to $44 million.
Interana, provider of event-based analytics, has raised $20 million in Series B funding, led by Index Ventures with participation by new investors AME Cloud Ventures, Harris Barton and Mike Olson, chief strategy officer at Cloudera, and existing investors Battery Ventures, Data Collective and Fuel Capital, bringing total funding to $28.2 million.
Tel-Aviv-based AppsFlyer, provider of mobile advertising analytics, has raised $20 million in Series B funding, led by Fidelity Growth Partners with participation from existing investors Magma Venture Partners and Pitango Venture Capital, bringing total funding to $27 million.
Dato (formerly GraphLab), provider of a machine learning platform, has raised $18.5 million in Series B funding led by Vulcan Capital with participation from Opus Capital Ventures and existing investors New Enterprise Associates (NEA) and Madrona Venture Group, bringing total funding to $25 million.
RapidMiner, a provider of a big data analytics platform, has raised $15 million in Series B funding led by Ascent Venture Partners and Longworth Venture Partners, with participation from existing investors Earlybird Venture Capital and Open Ocean Capital, bringing total funding to $20 million.
Darktrace, a machine learning security startup (providing an “enterprise immune system”), has raised $18 million in Series A funding from Invoke Capital, Talis Capital, Hoxton Ventures and private individuals.
FiscalNote, using data-mining tools and artificial intelligence to predict legislators’ votes and the success or failure of bills, has raised $10 million in Series B funding, led by Chinese social network Renren, with participation by early investors Visionnaire Ventures, New Enterprise Associates, Jerry Yang/AME Cloud Ventures, Steve Case, and Mark Cuban, bringing total funding to $18 million.
Caterpillar has made an undisclosed minority investment in Uptake, a provider of a predictive analytics platform (“We didn’t invent the crystal ball, but we’re pretty damn close”).
The Hive, a “studio” for building startups focused on data and data science, closed its second fund at $22 million, nearly triple the size of its first fund. Founded in 2012 and based in Palo Alto, The Hive said it plans to launch as many as 10 startups with the new fund.
Hamburg-based Kreditech Group, using big data analysis and machine learning to build “a digital bank for the unscored worldwide,” has received credit line of $200 million from Victory Park Capital. Before that, it has raised a total of $63 million.
Inovalon, a provider of healthcare analytics founded in 1998, has raised $600 million in an IPO.
Hitachi Data Systems (HDS) acquired Pentaho, an open-source business intelligence, data integration, and analytics company for an undisclosed purchase price (which HDS said was the “largest private big data acquisition transaction to date” and BloombergBusiness said was between $500 and $600 million). Founded in 2004, Pentaho has raised around $70 million.
Apple acquired FoudnationDB, developer of a high-performance transactional NoSQL database. FoundationDB had raised $22.7 million in two rounds.
Apple acquired Acunu, a provider of Cassandra-based real-time analytics platform.
Apple acquired Semetric, the London-based startup behind music analytics service Musicmetric, for undisclosed amount. Founded in 2008, Semetric has raised $4.7 million.
Microsoft acquired Revolutions Analytics, provider of software and services for R, the most widely used programming language for statistical analysis, for an undisclosed amount. Founded in 2007, Revolution Analytics has raised $38 million.
Microsoft acquired Equivio, a provider of machine learning technologies for eDiscovery and information governance. Rumored purchase price was around $200 million.
IBM acquired AlchemyAPI, a deep learning startup. Founded in 2005, AlchemyAPI had raised $2 million Series A funding from Access Venture Partners prior to acquisition. The price of the acquisition was not disclosed.
Infosys acquired Panaya, provider of solutions reducing the cost and risk of making changes to ERP systems based on big data analytics, for $200 million. Founded in 2006, it has raised $59 million.
EXL, a business process solutions company, acquired RPM Direct, LLC., a consumer data analytics company for $47 million in cash plus contingent cash consideration of up to $23 million and approximately $4 million of restricted stock.
Attunity, information availability software solutions provider, acquired Appfluent, a provider of data usage analytics for big data environments, including data warehousing and Hadoop. Attunity will pay $18 million in cash and stock, with additional amounts based on performance milestones.
Private equity firm Vista Equity Partners acquired Automated Insights, a startup whose software “automatically transforms raw data into narratives with the depth, personality, and variety of a human writer.” No financial terms were disclosed. Founded in 2007, the company has raised $10.8 million, and in 2014, created over a billion articles and reports for its customers, which include The Associated Press, Yahoo! and Comcast.
Datadog, provider of cloud-based monitoring for cloud applications, acquired Data Mortar, provider of a platform for building data pipeline. Founded in 2011, Data Mortar has raised $3.2 million.
New to the big data scene
Algorithmia brought its marketplace of 800 algorithms out of private beta.
Reltio, a provider of cloud-based master data management solutions, has raised $10 million from Crosslink Capital and .406 Ventures in Series A funding round.
Singapore-based DataStreamX, a big data startup that runs an online marketplace for real-time data, has raised $370,000 in seed funding from private investors.
Big Data Startups News October – December 2014
Total VC funding for Internet-related startups was up 67% in 2014, according to CB Insights, reaching $19.6 billion. “Business intelligence, analytics, and performance management” deals (the CB Insights category which, one assumes, includes most or all big data-related deals) was the leading sub-segment with 10% or almost $2 billion of all Internet-related investments.
Internet VC funding in Q4 of 2014 was up 39% compared to the same period in 2013. The big data landscape has continued to expand at a fast pace in the last quarter of 2014, fueled by new investment rounds and re-shaped by new ideas, successful exits (for some), and reincarnation (for others).
Here are the funding and exits highlights of the fourth quarter of 2014 in the big data space.
New to the big data scene
Interana, providing event-based analytics software, has raised $8.2 million in Series A funding from Data Collective, Fuel Capital, Battery Ventures, and Silicon Valley Angels.
MetaMind, providing deep learning tools, has raised $8 million in initial funding round from Khosla Ventures and Marc Benioff (CEO of Salesforce.com).
Confluent, providing a real-time data platform built around Apache Kafka, has raised $6.9 million in seed funding from Data Collective, LinkedIn and Benchmark.
Sentrian, providing remote patient intelligence, launched at Singularity University’s Exponential Medicine Conference. It has raised $12 million in financing including $4 million in seed funding and $8 million in a Series A round led by Reed Elsevier Ventures, Frost Data Capital and TELUS Ventures.
MedAware, providing analytics and machine learning tools for the medical prescription market (e.g., reducing prescription errors), has raised $1 million in Series A financing round led by equity crowdfunding platform OurCrowd with the participation of GE Ventures.
Japan’s NTT has invested over $1.5 million for 10% of Preferred Networks, developer of a big data platform for the Internet of Things.
Map-D Technologies, providing big data visualization, has raised $1.5 million in seed funding from Nvidia, Google Ventures, and numerous angel investors.
DrivenData is a for-profit startup that hosts online competitions for data scientists, focusing on “the world’s biggest social challenges.” The first competition, launched in October 2014, was sponsored by Education Resources Strategies (ERS), with the goal of producing an algorithm that will allow ERS to code financial files (i.e., school budgets) more accurately.
Indico, building a development environment for machine learning, has raised $3 million in seed funding from Two Sigma Ventures, Boston Seed Capital, General Catalyst Partners and a number of angel investors. The founders are students at Olin College.
Mixpanel, providing an analytics platform for mobile and the Web, has raised $65 million in Series B funding from Andreessen Horowitz (at a valuation of $865 million), bringing total funding to $77 million.
Blue Yonder, providing big data analytics and predictive applications, has received a $75 million investment from an affiliate of Warburg Pincus, a global private equity firm.
Alteryx, providing advanced analytics software, has raised $60 million in Series B round of funding led by Insight Venture Partners with participation from SAP Ventures and Toba Capital, bringing total funding to $78 million.
Altiscale, providing Hadoop as-a-service, has raised $30 million in Series B funding from Northgate, Sequoia Capital and General Catalyst Partners, bringing total funding to $42 million.
GoodData, providing cloud-based big data analytics, has raised $25.7 million in Series E round of funding led by Intel Capital, with participation from existing investors Andreessen Horowitz, General Catalyst, Tenaya Capital, TOTVS, Next World Capital, Windcrest, and Pharus Capital, bringing total funding to $101.2 million.
Scaled Inference, developing software that will bring machine learning to the masses, has raised $8 million in Series A funding from Khosla Ventures, bringing total funding to $13.6 million.
Netuitive, providing IT analytics, has raised $6.5 million in a round of financing led by MK Capital and Rembrandt Venture Partners with the the participation of Cross Creek Advisors and Columbia Capital, bringing total funding to $29.5 million.
Zoomdata, providing a big data analytics platform, has raised $17 million in a Series B funding round led by Accel Partners with the participation of NEA, Columbus Nova Technology Partners, Razor’s Edge Ventures and B7, bringing total funding to $22.2 million.
Segment, providing a cloud-based repository for customer data, has raised $15 million in Series A funding led by Accel Partners with participation from Kleiner Perkins Caufield & Byers and e.ventures, bringing total funding to $17.6 million.
Predictix, providing cloud-based predictive analytics for the retail industry, has raised $15 million in Series A funding from Marlin Equity Partners, Kinetic Ventures, and ITC Holding Co.
InsightSquared, providing business intelligence software-as-a-service, has raised $13.5 million in Series C financing from Atlas Venture, Draper Fisher Jurvetson, NextView Ventures and Two Sigma Ventures, bringing total funding to $27 million.
Qubole, providing Hadoop as-a-service, has raised $13 million in Series B financing led by Norwest Venture Partners, bringing total funding to $20 million.
Oxdata (renamed H2O), developer of open-source machine learning software H2O, has raised $8.9 million in Series A funding from Ash Bhardwaj, Riverwood Capital’s Michael Marks, Rakesh Mathur, Nexus Venture Partners, Transamerica Ventures, and Jishnu Bhattacharjee, bringing total funding to $13.6 million.
DeltaDNA, providing game analytics and personalization, has raised $3 million is Series A funding from Par Equity, STV Group, the Scottish Investment Bank, the investment arm of Scottish Enterprise, and Edge Performance VCT, bringing total funding to $4.3 million.
Prelert, providing anomaly detection, has raised $7.5 million in Series B funding from Intel Capital, Fairhaven Capital and Sierra Ventures, bringing total funding to $11.3 million.
Metric Insights (founded in 2010), providing alerts to changes in key business metrics, has raised $2.1 million in seed funding from First Round, Aster Data Founder Tasso Argyos, Linden Lab Founder Phillip Rosedale and Aerohive Networks Founder Changming Liu.
Hortonworks (founded 2011, raised $248 million), providing Hadoop software, training and services, went public by offering 6.25 million shares at $16 per share, raising $100 million.
New Relic (founded 2008, raised $214 million), providing analytics for application performance management, went public by offering 5 million shares at $23 per share, raising $115 million.
Vista Equity Partners acquired Tibco Software for $24 per share, in an all-cash deal that valued the infrastructure and business software company at $4.3 billion.
OpenText, providing Enterprise Information management solutions, acquired Actuate, provider of embedded analytics development tools, in an all-cash deal valued at US$330 million (acquisition completed in January 2015).
Cornerstone OnDemand, providing cloud-based talent management solutions, acquired Evolv, provider of HR analytics, for $42.5 million in cash and assumption of up to $2 million in debt. Evolv, founded in 2007, has raised $42.5 million in four rounds of funding.
AMN Healthcare Services, providing workforce and staffing solutions for the healthcare industry, acquired Avantas, a provider of data analytics and predictive modeling software, for $16.5 million. Avantas was acquired from Catholic Health Initiatives/Alegent Creighton Health.
Cloudera acquired DataPad, founded in 2013 to provide Python-based data analysis tools. Terms of the acquisition were not disclosed.
Brickstream (founded 2000, raised $30 million) acquired NOMi (founded 2012, raised $13 million) in an all-equity deal. Both companies provide in-store analytics. The combined company was re-named NOMi in January 2015.
Groupon acquired Swarm Mobile (founded 2013, raised $4.5 million), provider of in-store analytics and promotions for undisclosed sum.
Target acquired Powered Analytics (raised $25,000), provider of in-store personalization and recommendation platform for undisclosed sum.
Big Data Startups News July – September 2014
New to the big data scene
Amplitude, providing a mobile analytics platform for app developers, has raised $1.975 million in seed funding.
EQLIM came out of stealth mode, aiming to create a subscription service for real-time data about human activity in emerging economies. It raised $425,000 in seed funding.
Scalable Inference, a startup still in stealth aiming to provide cloud-based machine learning services, has raised $4 million in seed funding.
Peel-Works, providing SaaS-based big data analytics, has raised $2 million from IDG Ventures India and Inventus Capital Partners.
DataStax, delivering Apache Cassandra to the enterprise, has raised $106 million in Series E financing led by Kleiner, Perkins, Caufield & Byers (KPCB), bringing the total invested to date to $190 million (and moving it up to number seven on the list of the ten most-funded big data startups).
Radius, providing business-to-business marketing analytics, has raised $54.7 million in Series C funding from BlueRun Ventures and Formation 8 Partners, the latest round included investments from Peter Thiel’s Founders Fund, Glynn Capital Management, Slow Ventures, Western Technology Investments, Yuan Capital, and others, bringing total funding to more than $78.9 million.
Numerify, a cloud-based analytics company focused on enterprise IT, has raised $15 million in a Series B funding round, led by Sequoia Capital, bringing total funding to more than $23 million.
Quantifind, providing marketing analytics, has raised $12 million Comcast Ventures and Iris Capital and existing investors AME Cloud Ventures, Redpoint Ventures and U.S. Venture Partners, bringing total funding to $23 million.
ThetaRay, providing big data analytics for cyber security and operational efficiencies, has raised $10 million from existing investors General Electric (GE), Jerusalem Venture Partners (JVP) and Poalim Capital Markets, as well as new financial and strategic investors.
Adatao, combining traditional business intelligence for business users with machine learning for data scientists, has raised $13 million in a series A round from Bloomberg Beta, Lightspeed Venture Partners, and Andreessen Horowitz.
PrecisionHawk, an information delivery company that uses drones and cloud-based software to collect, process and analyze aerial data, has raised $10 million in a Series B financing round led by New York City-based investor Millennium Technology Value Partners, bringing the total invested to date to $11 million.
Simply Hired has raised $12 million from Foundation Capital and IDG Ventures, as well as City National Bank, brining its total funding to $34.3 million. It operates in 24 countries, indexes 6 million jobs, has 30 million unique monthly visitors, and is working to use its data to make smarter recommendations to job seekers.
Mediamorph, a cross-platform media and entertainment data management and analytics firm, has raised $10 million in Series B financing led by Liberty Global Ventures, bringing the total invested to date to $23 million.
Semmle, providing a business analytics platform to manage the software development process, has raised an $8 million in series A investment round, led by Accel Partners. Total funding: $10 million.
aWhere, integrating complex agricultural, environmental, and public health data to provide local recommendations and alerts to farmers, has raised $7 million in new Series A funding from Elixir Capital and Aravaipa Ventures, bringing the total invested to date to $11.6 million.
Privacy Analytics, provider of data anonymization solutions, has raised $3.5 million in a round led by Vanedge Capita, bringing its total funding to $4.9 million.
PhysIQ, providing a digital health analytics platform, has raised $4.6 million in a round led by LionBird, bringing its total funding to $5.6 million.
GridCraft, providing analysis tools to business users with a spreadsheet-like interface, has raised $2.2 million in seed funding led by Techstars’ Bullet Time Ventures.
RJMetrics, providing an analytics platform for online businesses, has raised a $16.5 million Series B round from August Capital and existing investors Trinity Ventures and SoftTech VC, bringing its total funding to $22 Million.
TrueAccord, leveraging data intelligence, machine learning and behavioral psychology to reach out to debtors and help them set up payment plans to get back on track and get their debts paid off, has raised $5 million from Khosla Ventures, serial entrepreneur Max Levchin, Braintree founder Bryan Johnson and Hunter Walk and Satya Patel’s Homebrew investment fund.
MemSQL, providing real-time and historical big data analytics based on a distributed in-memory database, has raised an undisclosed investment from In-Q-Tel (IQT). In previous investment rounds, it has raised $45 million.
Salesforce.com acquired RelateIQ for $390 million. RelateIQ mines data from a variety of sources for sales leads. It has raised $69 million and counts DJ Patil (who popularized the term “data scientist”) among its employees.
Gracenote acquired competing movie data service company Baseline for $50 million.
LinkedIn acquired Newsle, a machine-learning startup that finds blogs and articles that mention a person’s name and provides immediate notifications. The terms of the acquisition were not announced. Founded in 2011, Newsle has raised a total of $2.6 million.
Twitter acquired Madbits, a deep-learning-based computer vision startup. The terms of the acquisition were not announced.
Palantir acquired Poptip, a social media analytics startup. The c. Poptip was founded in 2012 and has raised $2.4 million.
Teradata acquired the assets of Revelytix and Hadapt; it also acquired Think Big Analytics, a big data consulting startup, which was founded in 2010 and has raised $4.2 million. Terms of the acquisitions were not announced.
Note: This list does not include the activities of companies that extensively use data analysis to run their business but are not considered big data startups or are established companies in the big data space.
An example from the third quarter of 2014 is the $3.5 billion acquisition of Trulia by Zillow. Both companies were born on the Web and their success (like the success of Google, Facebook, Linkedin, etc.) has been based on their ability to collect and mine data. But their revenues are derived from advertising, not from big data-related products and services. Indeed, Zillow and Trulia describe themselves as “primarily media companies, generating the majority of revenue through advertising sales to real estate professionals.”
An example from the fourth quarter of 2014 is Hampton Creek (aka mayonnaise disruptor), using advanced data analysis to develop eco-conscious, egg-free food products (it has raised a $90 million series C round of funding from Horizons Ventures, Khosla Ventures and other investors, bringing total funding to $120 million since launching in 2011).