Welcome!

Eclipse Authors: Elizabeth White, Liz McMillan, XebiaLabs Blog, Ken Fogel, Sematext Blog

News Feed Item

Continuuity Raises $10 Million Series A Round to Ignite Big Data Application Development Within the Hadoop Ecosystem

Battery Ventures and Ignition Partners Lead Round

PALO ALTO, CA -- (Marketwire) -- 11/14/12 -- Continuuity, the industry's first Big Data application platform, today announced a $10 million Series A funding round. Battery Ventures and Ignition Partners led the round, and were joined by returning and new investors Andreessen Horowitz, Data Collective and Amplify Partners. The company will use the funds to accelerate product development and drive its go-to-market strategy. Continuuity's board of directors will include Roger Lee from Battery Ventures, Cameron Myhrvold from Ignition Partners, along with company co-founders Todd Papaioannou and Jonathan Gray. The Continuuity leadership team and board of directors have helped build multiple industry-leading companies, including Greenplum, Corio and Dynamical Systems, as well as having served in critical strategic roles at Teradata, Yahoo!, Facebook and Microsoft.

Continuuity recently emerged from stealth to introduce the industry's first Big Data application hosting platform, the Continuuity AppFabric™, at O'Reilly Strata + Hadoop World in October 2012. Delivered as a cloud platform, the company's flagship product harnesses the full power of the Hadoop ecosystem, allowing developers to rapidly deploy, scale and manage Big Data applications both in and outside of the firewall.

"Continuuity is poised to disrupt the market by merging Big Data and cloud to introduce a new application development opportunity for all developers," said Mike Dauber, Principal at Battery Ventures. "We're excited to co-lead the Series A round for Continuuity, and we join the company in its mission to become the center of gravity for the Big Data application development ecosystem."

"With the surge of Big Data over the past few years, it's no surprise companies are striving to derive value from the ever growing amount of data. New kinds of Big Data applications that are able to pull meaning from data at scale will enable them to do this," said Cameron Myhrvold, Founding Partner at Ignition Partners. "Continuuity is making it possible for the existing legions of application developers to invent and deploy such apps. At Ignition Partners, it's our pleasure to have the opportunity to invest in bringing Continuuity's vision to market."

Continuuity empowers developers to turn big ideas into Big Data applications. With a fully integrated developer experience, Continuuity supports application development from prototype to production. The Continuuity Developer Suite includes an SDK, development tools and a fully-featured, single-node version of the Continuuity AppFabric to create and iterate on applications quickly. When ready, developers deploy applications with the click of a button -- directly to a remote instance of the Continuuity AppFabric, which is available today on a per-customer basis in an on-premise or managed private cloud edition, and in the future a public cloud edition.

"We are honored to have the industry's top-tier venture capitalists join us in our mission to democratize Big Data application development," said Todd Papaioannou, co-founder and CEO at Continuuity. "Built by developers for developers, we believe the Continuuity AppFabric is going to ignite the new wave of Big Data application development and experimentation. Our team members have been instrumental in shaping Big Data infrastructures and applications at companies that pioneered the technology. Now we're taking that deep expertise to put a next generation platform and tools in the hands of developers, entrepreneurs and enterprises."

About Continuuity
Continuuity delivers the industry's first Big Data application fabric, fueling the next generation of Big Data applications by making it fast and easy for any developer to build, deploy, scale and manage Big Data apps. Built by developers for developers, Continuuity offers a unified experience across the entire application lifecycle from development to DevOps. Continuuity provides pre-packaged building blocks with higher level APIs, Data Libs, tooling and documentation that make creating Big Data applications blazing fast. The cloud-based Continuuity AppFabric™, the next generation application serving platform, is built on top of open source components and shields developers from the complexity of Big Data and cloud infrastructure. With visually rich UIs, elastic scalability at the touch of a button and push-button app deployment from the developer's local machine to the cloud, Continuuity shifts the focus from infrastructure creation to business value creation. Built by a team that has worked on and run some of the biggest, most sophisticated Big Data systems in the world, Continuuity is the future of Big Data application development. www.continuuity.com

Connect with Continuuity
Read the blog: http://www.continuuity.com/blog
Follow us on Twitter: http://twitter.com/Continuuity
Like us on Facebook: http://www.facebook.com/continuuity

Media Contact
Melissa Hick Czapiga
Bhava Communications for Continuuity
Email Contact
510-984-1525

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
SYS-CON Events announced today the How to Create Angular 2 Clients for the Cloud Workshop, being held June 7, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified. Now it’s a component-based well-performing framework. The immersive one-day workshop led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
SYS-CON Events announced today that MobiDev will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobile software company with over 200 develope...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
SYS-CON Events announced today TechTarget has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget is the Web’s leading destination for serious technology buyers researching and making enterprise technology decisions. Its extensive global networ...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...