UPDATED 06:32 EDT / DECEMBER 06 2013

Stealth startup Nurego gets star-studded support, $2M in funding

The Silicon Valley startup scene has been buzzing with activity these past few days, and now it’s Seattle’s turn to make some headlines. A local team of industry veterans just netted $2 million in funding to help cloud companies make sense of their massive data sets, an SEC filing picked up by GeekWire reveals. The stealthy startup goes by the name of Nurego, and develops a web-based analytics solution that aims to give service providers greater insight into their operations. Here’s how the company describes the product on its LinkedIn page:

“Nurego is a web-based business optimization solution for SaaS, PaaS & IaaS companies. Our patent-pending technology combines the power of big data and sophisticated subscriber-centric workflows to help cloud service companies build a metrics-driven business that is agile, capital efficient, and responsive.”

Nurego is notable for its VMware DNA. Former CEO and current Pivotal boss Paul Maritz sits on the startup’s board, and both of its co-founders held senior positions at the virtualization giant. The rest of the crew also stands out: CEO Harel Kodesh headed Microsoft’s Active Directory unit for 10 years before joining Amdocs as group president, while director Harinderpal Hanspal is a VC at Clearstone Venture Partners with more than 15 years of industry experience.

Nurego is one of several Big Data firms to have raised funding this week. Trufa, a newly formed spinoff startup, bagged $4.5 million from Accel Partners on Wednesday for a real time monitoring solution that lets business users correlate ERP data with financial metrics from their tablets. A few days earlier, DatSift announced that it has secured $42 million in Series C financing to expand into new markets and accelerate the development of its flagship social media analytics platform.


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