The Startup50 published its list of the biggest, big data companies of 2014 and Tamr was named.
From “Fast Data” to visualization software to tools used to track “Social Whales,” these Big Data startups have it covered.
The 50 Big Data startups in the Big Data 50 are an impressive lot. In fact, the Big Data space in general is so hot that you might start worrying about it overheating – kind of like one of those mid-summer drives through the Mojave Desert. The signs warn you to turn off your AC for a reason.
What they do: Provide a data connection platform that reduces the time and effort of connecting and enriching data sources.
Headquarters: Cambridge, MA
CEO: Andy Palmer. Prior to Tamr, Palmer, along with co-founder & CTO Dr. Michael Stonebrker, co-founded the early Big Data analytics company Vertica Systems, which was acquired by HP
Funding: $16.1 million in financing led by Google Ventures and New Enterprise Associates (NEA).
Why they’re one of the the 50: Enterprises want to use all of their data at their disposal today, including internal data sources and external public data sources, as well as feeds that will soon come from the Internet of Things. However, for most organizations, this is little more than a pipe dream. Most organizations can’t take advantage of all of this disparate data because it takes too long and costs too much to integrate, curate, and prepare eta for analytics using traditional methods. According to Tamr, it’s not uncommon for companies to have dozens or event hundreds of people manually working on curation, depending on what business they are in.
Tamr intends to help enterprises integrate and curate data at scale, while abstracting the complexity of Big Data’s “variety” problem. Tamr provides discovery, linking, cleaning, preparation, and curation for internal and external data sources…”