|[February 14, 2013]
HStreaming Funded to Turn Big Data Intelligence into Action
SAN FRANCISCO --(Business Wire)--
HStreaming, the creator of in-time Big Data analytics technology, has
announced a funding round led by Atlas Venture. HStreaming's
award-winning technology is solving some of the hardest problems
involving low-latency Big Data for various industries including
government, telcos, adtech, and finance. It offers a unique analytics
platform that continuously analyzes data in real time and renders it
actionable, so that companies can respond to information in time.
"This software platform is a new category of fully-integrated analytics
that will redefine how we interact with Big Data. It allows for in-time
analytics and in-time translation of analytics into monetize-able
action. HStreaming truly stands out from the Big Data crowd and we are
excited to be their partner and investor," says Christopher Lynch, a
partner at Atlas Venture and former CEO of Big Data company Vertica
Systems (now part of HP).
"Chris brings great operating experience and a shared vision about how
Big Data can be used to make an impact on our lives. We are committed to
giving unprecedented visibility and the tools necessary to take action
on data as it comes in fast and furious," said Jana Uhlig, co-founder
and CEO of HStreaming.
The Power of In-Time Big Data Processing
Big Data is coming at such speed and volume, that in many applications
it is no longer possible to first store and then look for insights
later. It is way too late to learn about a network outage, forest fire
or customer attrition an hour later. Companies need to know and
act on information as it is happening or, better, predict it before it
happens. This is what HStreaming does: analyze Big Data in eal time, as
it is still in flight, and make it actionable.
Airports deploy hundreds of surveillance cameras, but identifying a
threat is like finding a needle in a haystack. The challenge is how to
effectively analyze data feeds across the many installed video cameras,
then combine and enrich it with more information sources, to bring
accurate intelligence in real-time without false alerts.
"When somebody enters a secure area in an airport, it may not be enough
to trigger an investigation since the person may simply be lost.
However, when you look for behavioral patterns of that particular person
as he moved through the airport, and combine it with other data sources
such as facial recognition all in real time, you can get an accurate
model to identify whether it is a threat at that very moment," says Jana
Uhlig. "This is true not only for airport security, but for
mission-critical business applications as well. Deriving real-time
intelligence from Big Data is a key component in capturing its value."
Companies are being swamped by data that is generated by sensors,
cameras, network switches, and equipment of which many are installed in
remote locations with poor connectivity. While these sensors often emit
information on continuous basis, most of the information never makes it
to a datacenter for analysis and thus the value of the data is lost.
HStreaming's platform integrates all equipment with the datacenter into
a single fabric that automatically chooses the optimal location for
processing, whether on the edge or in a datacenter. The multi-layer
analysis is happening in real time and brings unparalleled visibility
into data that was underutilized before. That allows companies to gain
unprecedented agility to their operations.
HStreaming brings continuous real-time analytics to Big Data. The
technology enables smart collection, analysis and visualization of
massive data continuously as it gets generated. Powered by Hadoop and
compatible with all Hadoop distributions, HStreaming's patented
technology provides both real-time and batch analytics in a single
platform. It processes both structured and unstructured data including
text, video and sensor data. It analyzes and stores data where it is
generated, in the data center or geographically distributed systems, and
provides automated and actionable analysis in milliseconds. For more
information, visit www.hstreaming.com.
About Atlas Venture
Atlas Venture is an early-stage venture capital firm that invests in
technology and life sciences companies. Since inception in 1980, Atlas
Venture have helped build over 350 companies in more than 16 different
countries. Atlas Venture is currently investing from its eighth fund and
manages $2 billion in committed capital. For more information, please
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