Tech Company Financing Transactions

OmniSci Funding Round

On 3/30/2017, OmniSci raised $25 million in Series B financing from New Enterprise Associates, NVIDIA and Vanedge Capital.

Transaction Overview

Company Name
Announced On
3/30/2017
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors

New Enterprise Associates (Lead Investor) (Greg Papadopoulos)

NVIDIA (Jeffrey Herbst)

Vanedge Capital (Moe Kermani)

Verizon Ventures

Proceeds Purpose
The financing comes amid a rapid increase in the adoption of ultrafast graphics processing units (GPUs) to power enterprise applications including machine learning, numerical computation and now data analytics.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
100 Montgomery St. 5th floor
San Francisco, CA 94104
USA
Email Address
Overview
OmniSci (formerly MapD) is the creator of the extreme analytics platform, used in business and government to find insights in big data beyond the limits of mainstream analytics tools. The platform, available in cloud, open source, and enterprise versions, harnesses the massive parallel computing of GPUs for breakthrough performance at scale.
Profile
OmniSci LinkedIn Company Profile
Social Media
OmniSci Company Twitter Account
Company News
OmniSci News
Facebook
OmniSci on Facebook
YouTube
OmniSci on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Todd Mostak
  Todd Mostak LinkedIn Profile  Todd Mostak Twitter Account  Todd Mostak News  Todd Mostak on Facebook
Vice President
Aaron Williams
  Aaron Williams LinkedIn Profile  Aaron Williams Twitter Account  Aaron Williams News  Aaron Williams on Facebook
VP - Finance
Alan Wong
  Alan Wong LinkedIn Profile  Alan Wong Twitter Account  Alan Wong News  Alan Wong on Facebook
VP - Product Management
Venkat Krishnamurthy
  Venkat Krishnamurthy LinkedIn Profile  Venkat Krishnamurthy Twitter Account  Venkat Krishnamurthy News  Venkat Krishnamurthy on Facebook


 

 

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We do our best to document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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