Komprise brings more simplicity to petabyte-scale data migrations

BIG DATA . BY MIKE WHEATLEY . 25 MARCH 2025

Big-data management company Komprise Inc. said today it’s expanding its popular Elastic Data Migration platform, with new capabilities that allow it to automate fully every step of the most complex enterprise data migrations. The company specializes in unstructured data management, and one of its main capabilities is moving this information from on-premises environments to the […]

Once valued at $3.5B, 23andMe files for Chapter 11 bankruptcy

BIG DATA . BY MARIA DEUTSCHER . 24 MARCH 2025

Four years after going public at a $3.5 billion valuation, 23andMe Holding Co. today filed for bankruptcy. The company, which sells saliva-based genetic testing kits for consumers, will continue operating during the Chapter 11 proceedings. It plans to take out a $35 million loan to finance day-to-day activities. According to court documents filed in connection […]

Business intelligence startup Omni closes $69M funding round

BIG DATA . BY MARIA DEUTSCHER . 13 MARCH 2025

Business intelligence provider Omni Analytics Inc. today disclosed that it has closed a $69 million funding round led by ICONIQ Growth. Snowflake Ventures and Alphabet Inc.’s GV fund participated as well along with several other institutional investors. The Series B round follows a year in which Omni’s sales grew eightfold. According to TechCrunch, the company […]

Ditto raises $82M in funding for its edge database

BIG DATA . BY MARIA DEUTSCHER . 12 MARCH 2025

Ditto, the developer of a database optimized for use in edge environments, today announced that it has closed an $82 million funding round. Top Tier Capital Partners and Acrew Capital led the Series B investment. They were joined by U.S. Innovative Technology Fund, True Ventures, Amity Ventures, Fundrise, Friends & Family Capital, Advance Venture Partners […]

Vast Data adds vector search and serverless functions to its scalable data platform

BIG DATA . BY PAUL GILLIN . 12 MARCH 2025

Vast Data Inc. today announced enhancements to its Vast Data Platform, enabling it to support structured and unstructured data in a single DataSpace with linear and secure scaling. The enhancements are aimed at enabling enterprises to build artificial intelligence applications, agentic workflows and high-speed inferencing pipelines more easily. The new capabilities combine real-time vector search, fine-grained […]

MongoDB finally turns a profit but its shares plunge on weak guidance

BIG DATA . BY MIKE WHEATLEY . 5 MARCH 2025

MongoDB Inc. finally delivered a quarterly profit as it posted its fiscal 2025 fourth-quarter results, crushing the Street’s targets on earnings and revenue. However, its outlook for the new fiscal year was a big disappointment, sending investors running for the hills as the value of its stock plummeted in late trading. The company reported earnings […]