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DataTorrent Raises $8 Million A Round

The funding was led by August Capital, which gets a board seat

DataTorrent, which just launched Hadoop's first real-time stream processing platform, has gotten an $8 million A round to push the widgetry.

It lets companies analyze, monitor and act on data instantaneously, executing tens of millions of data items a second.

The funding was led by August Capital, which gets a board seat. Also kicking in were Yahoo co-founder Jerry Yang's AME Cloud Ventures and Morado Ventures, which along with former Yahoo CTO Farzad Nazem provided the company with $750,000 in seed money this time last year.

The company just released Developer and Evaluation versions of its platform.

CEO Phu Hoang claims "We're on the verge of a tectonic shift between just knowing about what's going on and being able to act on it. Not only does DataTorrent offer companies working on Big Data a way to know what's happening with their business in real-time, but we enable them to act on it in real-time as well."

DataTorrent was started by Hoang, who worked at Yahoo for 12 years and was EVP of engineering, and Amol Kekre, who built the Yahoo quotes streaming service and was a leader in Yahoo's Hadoop efforts.

The start-up's Big Data and streaming DNA is strengthened by the fact that its team is comprised of people who built the Yahoo finance streaming service and were key contributors to Hadoop.

Users can build real-time distributed applications quickly and simply due to DataTorrent's built-in library of more than 250 Operators, which it's open sourcing along with its API through the Apache Software Foundation (ASF).

DataTorrent is a fully developed platform for real-time distributed applications. It can handle massive throughput, fault tolerance, elasticity and dynamic application change, all without user intervention.

Kekre says "These operational capabilities are essential for enterprises wanting to process data in production, so with DataTorrent, companies wishing to harness the power of Big Data applications only need to focus on the business logic and leave the rest to the platform."

DataTorrent will be offered to developers on a freemium basis. Downloads are at www.datatorrent.com.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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