InfluxData, the creator of InfluxDB, announced a series of updates to the InfluxDB 3.0 product suite including new deployment options and observability capabilities. A time series database efficiently handles time-stamped data, making it essential for real-time monitoring and performance optimization of systems, servers, and sensors across various industries. InfluxDB has emerged as one of the…
Couchbase says the new column store that it officially launched today on AWS will streamline analytics on “dormant” JSON data residing in its NoSQL database. The company also launched vector search capabilities in the mobile version of its database and the new free tier in the cloud. Couchbase historically sought to split the difference between…
Grafana Labs, one of the leading providers of open-source and enterprise software for monitoring, observability, and data visualization, has announced the successful completion of a primary and secondary transaction totaling approximately $270 million. The new funding transactions, which puts the company’s valuation at more than $6 billion, were led by Lightspeed Venture Partners, with participation…
Cube, a San Francisco-based startup has raised $25 million in its latest funding round as it aims to enhance its semantic layer platform, which enables efficient data querying, transformation, and visualization. The latest funding round was led by Databricks Ventures and joined by all the previous investors including Decibel, Bain Capital Ventures, Eniac Ventures, and…
As the business world eagerly embraces the potential of GenAI, many companies are discovering that there are still lots of challenges along the way. One of the key challenges is complexity. Companies are struggling to use decision-making tools because they are too complex. This is evident in the lack of growth in the adoption of…
Sigma Computing, a cloud-based analytics solutions provider, has raised $200 million in Series D funding to further advance its efforts in broadening BI use within organizations by enabling users to query and analyze data without writing code. The latest rounding of funding takes the vendor’s total funding to $581.3 million with a valuation estimated to…
Today at its Data Universe event, Starburst launched Icehouse, a new managed lakehouse offering built upon the table format Apache Iceberg. Starburst says the combination of the Trino query engine and Iceberg tables will empower Icehouse customers to achieve new efficiencies in data storage and retrieve. Apache Iceberg is gaining momentum as the standard table…
MicroStrategy this week unveiled a new customizable AI bot called Auto that lets business users interact with MicroStrategy’s data analytics offerings through natural language. But investors in the publicly traded Virginia software company may be more interested in its recent investments in Bitcoin. The new Auto software is based on the MicroStrategy AI product suite…
In the realm of business intelligence (BI) and analytic platforms, artificial Intelligence (AI) has been a behind-the-scenes force for a while. However, the advent of GenAI has revolutionized the way organizations leverage data to derive insights and make informed decisions. This advancement brings its challenges, including stringent data management and compliance requirements. To help enterprises…
Analytics tool provider ThoughtSpot today rolled out a host of new generative AI capabilities that it claims will set off a “data renaissance” among its users. The key advances that will enable this goal revolve around the way ThoughtSpot is interweaving the human element and conversational styles with new GenAI tech. Like other analytics and…
