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Metamarkets Raises $15 Million

[Techtaffy Newsdesk]

Big Data analytics company Metamarkets has completed a $15 million round of funding led by new investor Khosla Ventures. Current investors IA Ventures and True Ventures also participated in the round. This represents the company’s second round of funding, bringing total capital raised to date to $23 million. Vinod Khosla is joining Metamarkets as advisor with the funding.

Vinod Khosla: Hadoop as a batch system is so last generation.

The company says it will be using the funding to expand sales and marketing efforts, as well as to deepen development of the company’s analytics platform.

[Image Courtesy: Metamarkets]

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