With its unique cross-platform in-database solution that is considered among the most accurate, complete, more secure and fast in the industry, it is not surprising that Alpine Data Labs receives its Series A round of funding, worth $7.5 million. An emerging market of product development and the pioneer in first solution for Big Data Predictive Insight, Alpine Data Labs has secured this sum from three major financial institutions, namely Sierra Ventures, Mission Ventures and Sumitomo Corporation Equity Asia Limited. According to reports, the accumulated funds will be utilized to support their entry into the US market and increase manpower in China.

In an official statement following the announcement, Alpine Data Labs CEO and Co-Founder Anderson Wong revealed their plans and how they utilize the money to expand their business. He said, “Companies cannot wring all the possible value from their data because the potential in their data is growing faster than they can analyze it, they don’t have enough resources with analytics expertise, and the tools they’re using are too complex to get to the answers they need quickly and effectively.

“But Alpine Data Labs takes these walls down, making it possible to use the power of Big Data to more accurately predict the future. With this investment from smart investors that have built companies in the booming Big Data market, we’re going to aggressively expand execution in China and USA, the two largest markets for predictive analytics.”

Alpine Data Labs’ founders came from Greenplum and Scott Yara, a known figure in this organization is part of the board. It was even mentioned during Pat Gelsinger’s keynote on Big Data Analytics at the recently-concluded EMC World 2011. Greenplum used to be under the portfolio of Mission Ventures, an institution that invests in rapidly up-and-coming markets and exploit relationship with investors and professional networks. This association is now being linked to the tremendous support that Mission Ventures is extending to Alpine Data Labs.

As private markets become one of the main focuses of today’s finances, Sierra Ventures, with more than 3 decades of experience and $1.5 billion in technology investments, also poured their trust on Alpine Data Labs. It has hefty ventures in China and India. The lone Asia-based that contributed to the funding is Sumitomo Corporation Equity Asia Limited, considered as one of the largest Japanese multinational conglomerates. Its global networks span across 6 continents.

Aside from private capitalists, several cloud companies have expressed great interest in supporting Alpine Data Labs. Its unique ability to uncover the predictive analytic power of Big Data has anchored their business over the years and lured investors’ confidence.