Welcome!

News Feed Item

Continuuity Raises $10 Million Series A Round to Ignite Big Data Application Development Within the Hadoop Ecosystem

Battery Ventures and Ignition Partners Lead Round

PALO ALTO, CA -- (Marketwire) -- 11/14/12 -- Continuuity, the industry's first Big Data application platform, today announced a $10 million Series A funding round. Battery Ventures and Ignition Partners led the round, and were joined by returning and new investors Andreessen Horowitz, Data Collective and Amplify Partners. The company will use the funds to accelerate product development and drive its go-to-market strategy. Continuuity's board of directors will include Roger Lee from Battery Ventures, Cameron Myhrvold from Ignition Partners, along with company co-founders Todd Papaioannou and Jonathan Gray. The Continuuity leadership team and board of directors have helped build multiple industry-leading companies, including Greenplum, Corio and Dynamical Systems, as well as having served in critical strategic roles at Teradata, Yahoo!, Facebook and Microsoft.

Continuuity recently emerged from stealth to introduce the industry's first Big Data application hosting platform, the Continuuity AppFabric™, at O'Reilly Strata + Hadoop World in October 2012. Delivered as a cloud platform, the company's flagship product harnesses the full power of the Hadoop ecosystem, allowing developers to rapidly deploy, scale and manage Big Data applications both in and outside of the firewall.

"Continuuity is poised to disrupt the market by merging Big Data and cloud to introduce a new application development opportunity for all developers," said Mike Dauber, Principal at Battery Ventures. "We're excited to co-lead the Series A round for Continuuity, and we join the company in its mission to become the center of gravity for the Big Data application development ecosystem."

"With the surge of Big Data over the past few years, it's no surprise companies are striving to derive value from the ever growing amount of data. New kinds of Big Data applications that are able to pull meaning from data at scale will enable them to do this," said Cameron Myhrvold, Founding Partner at Ignition Partners. "Continuuity is making it possible for the existing legions of application developers to invent and deploy such apps. At Ignition Partners, it's our pleasure to have the opportunity to invest in bringing Continuuity's vision to market."

Continuuity empowers developers to turn big ideas into Big Data applications. With a fully integrated developer experience, Continuuity supports application development from prototype to production. The Continuuity Developer Suite includes an SDK, development tools and a fully-featured, single-node version of the Continuuity AppFabric to create and iterate on applications quickly. When ready, developers deploy applications with the click of a button -- directly to a remote instance of the Continuuity AppFabric, which is available today on a per-customer basis in an on-premise or managed private cloud edition, and in the future a public cloud edition.

"We are honored to have the industry's top-tier venture capitalists join us in our mission to democratize Big Data application development," said Todd Papaioannou, co-founder and CEO at Continuuity. "Built by developers for developers, we believe the Continuuity AppFabric is going to ignite the new wave of Big Data application development and experimentation. Our team members have been instrumental in shaping Big Data infrastructures and applications at companies that pioneered the technology. Now we're taking that deep expertise to put a next generation platform and tools in the hands of developers, entrepreneurs and enterprises."

About Continuuity
Continuuity delivers the industry's first Big Data application fabric, fueling the next generation of Big Data applications by making it fast and easy for any developer to build, deploy, scale and manage Big Data apps. Built by developers for developers, Continuuity offers a unified experience across the entire application lifecycle from development to DevOps. Continuuity provides pre-packaged building blocks with higher level APIs, Data Libs, tooling and documentation that make creating Big Data applications blazing fast. The cloud-based Continuuity AppFabric™, the next generation application serving platform, is built on top of open source components and shields developers from the complexity of Big Data and cloud infrastructure. With visually rich UIs, elastic scalability at the touch of a button and push-button app deployment from the developer's local machine to the cloud, Continuuity shifts the focus from infrastructure creation to business value creation. Built by a team that has worked on and run some of the biggest, most sophisticated Big Data systems in the world, Continuuity is the future of Big Data application development. www.continuuity.com

Connect with Continuuity
Read the blog: http://www.continuuity.com/blog
Follow us on Twitter: http://twitter.com/Continuuity
Like us on Facebook: http://www.facebook.com/continuuity

Media Contact
Melissa Hick Czapiga
Bhava Communications for Continuuity
Email Contact
510-984-1525

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
"This week we're really focusing on scalability, asset preservation and how do you back up to the cloud and in the cloud with object storage, which is really a new way of attacking dealing with your file, your blocked data, where you put it and how you access it," stated Jeff Greenwald, Senior Director of Market Development at HGST, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, explained how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
“delaPlex Software provides software outsourcing services. We have a hybrid model where we have onshore developers and project managers that we can place anywhere in the U.S. or in Europe,” explained Manish Sachdeva, CEO at delaPlex Software, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...