This ‘big data’ startup is already generating revenue after 3 weeks in business

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Versium Analytics, a new startup led by former InfoSpace executives Chris Matty and Kevin Marcus, is just three weeks old. But the Redmond company has already locked up one customer — and is in discussions with a handful of others — as it rolls out new methods for making sense out of massive amounts of… Read More…

Obama pledges $200 million for ‘big data’ initiative

President Obama confirms the news of bin Laden's death. (White House photo)

“Big data” is perhaps the hottest buzzword in technology these days. And now President Obama is jumping on the bandwagon, announcing a new $200 million R&D initiative today that’s designed to make better sense of the mountains of data being created and collected across a number of scientific disciplines, from biotechnology to geology. “By improving… Read More…

SpaceCurve raises $2.7M for ‘big data’ service, names CEO

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SpaceCurve, a Seattle startup that’s developing new ways to analyze location-based services, social media chatter and other information, has raised $2.7 million and named John Slitz as CEO. Investors in the round, a portion of which was previously reported by GeekWire, include Reed Elsevier Ventures, Divergent Ventures, Musea Ventures and others. Slitz is the former… Read More…

Supercomputer maker Cray forms YarcData, a new unit to capitalize on ‘big data’

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One of the tech buzzwords du jour right now is “Big Data,” the idea of companies mining ever-increasing data sets to glean insightful information. That’s an arena where supercomputers can have an especially powerful role, in part because the machines are built to crunch complex numbers used in everything from the exploration of oil &… Read More…