SAN JOSE,
Calif., June 27, 2017
/PRNewswire/ -- To dramatically increase the ROI that
corporations can gain from their big data, Xcalar today announced
availability of its business analytics platform, Xcalar 1.2, which
gives the fastest, easiest, and most cost-effective access to
actionable insights from big data.
Xcalar also announced it has secured over $21 million in venture funding to date with its
Series A round led by Khosla Ventures. Other investors include
industry visionaries Andy
Bechtolsheim and Diane
Greene, and Silicon Valley venture capital firm, Merus
Capital.
Co-founded by former Oracle technologist Vikram Joshi, and Rebecca Ye, an early founder of Google Cloud
Platform and previously an Oracle sales exec, Xcalar has been
quickly catching the attention of the technology elite and top-tier
customers:
- Xcalar inked partnerships with Microsoft, Google,
Tableau, Confluent, and MapR, and is currently working on
deployments and pre-production pilots with about a dozen Fortune
100 companies as well as the government
- Microsoft selected Xcalar as one of the top startups from
over 1,000 in its coveted Accelerator Program
- CIO Review rated Xcalar as one of Google's top-20
technology partners
"At Xcalar we set out to create a visual design platform
that leverages existing investments in Hadoop, eliminates the need
for most big data programming languages, and allows business
analysts, data engineers, and data scientists to work relationally
with modern data in interactive time. Today we have achieved these
goals," says CEO Vikram Joshi. "With
Xcalar 1.2, businesses, large organizations, and governments can
extract critical insights from all their data sources, including
images and media. They can use our visual programming to benefit
from powerful open source technologies such as Google TensorFlow."
Vikram previously founded ioTurbine and PixBlitz Studios, and is an
engineering veteran of Oracle, SGI, and Sun
Microsystems.
"Xcalar represents a fundamental shift in the big data
landscape," said Vinod Khosla.
"Xcalar closes the gap between big data and the business analysts
to help ask the right questions and find meaningful insights in
meeting real business challenges. No existing technology comes
close to delivering on that promise. It's hard to compare all
the competing claims in the big data space. Xcalar got it right by
rethinking the whole end-to-end process -- from raw data to
modeling, design, and query formulation, to execution --
accelerating the most critical benchmark for businesses:
'time-to-insight.'"
Key benefits of Xcalar 1.2 include:
- User-friendly UI/UX that does not require programing
skills to design models, create queries, synthesize schemas, build
regression analysis algorithms, and even design new Machine
Learning algorithms
- Scale-out to hundreds of nodes, thousands of users, and
petabytes of data
- Point-and-click access to directly read all data types
(semi-structured, unstructured, and structured) stored in the cloud
or on-prem (Amazon S3, Microsoft Azure Storage, Google Cloud
Storage, HDFS, SAN, NAS, NFS, or local file systems)
- On-prem or in the cloud deployment
- Seamless integration with leading visualization tools
such as Tableau, Microsoft Power BI, Looker, Domo, Qlik, and a
variety of reporting tools
- Ability to work with thousands of filter, aggregate,
sort, map, join, group-by, merge, union, correlation, and complex
relational, statistical and ML operations, in series or parallel,
to solve deep analytics problems
- Detailed dataflow graphs to track data lineage of any
given field from its source so audit requirements and regulatory
compliance are easily met
About
Xcalar is the first business
analytics platform to enable Fundamental Discovery™ of meaningful
insights directly from petabytes of raw data. Xcalar uniquely
extends relational compute on a scale-out platform for modern data,
allowing businesses to discover insights simply not possible
otherwise. Xcalar's unprecedented speed, scale, simplicity, and
efficiency bring orders of magnitude reduction in the time needed
to gain business insights regardless of the size and complexity of
the dataset. Xcalar does not require any data prep or data
shuffling before it begins analysis, nor does it need to move data
due to its patent-pending True Data In Place™ technology.
Xcalar delivers the fastest time-to-insight on the
market. More information is available at
www.xcalar.com.
Contact
Natalie Rix
Cognito-Tech
PR
310-246-9530 (o)
Natalie.Rix@cognitomedia.com
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SOURCE Xcalar