Cloud Data Lakes - The Future of Large Scale Data Analysis

Tomasz Tunguz

Cloud Data Lakes are a trend we’ve been excited about for a long time at Redpoint. This modern architecture for data analysis, operational metrics, and machine learning enables companies to process data in new ways.

No-code business intelligence service y42 raises $2.9M seed round

TechCrunch

Berlin-based y42 (formerly known as Datos Intelligence), a data warehouse-centric business intelligence service that promises to give businesses access to an enterprise-level data stack that’s as simple to use as a spreadsheet, today announced that it has raised a $2.9

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Cloud Data Lakes - The Keystone to the Decade of Data

Tomasz Tunguz

Cloud Data Lakes are the future of large scale data analysis , and the more than 5000 registrants to the first conference substantiate this massive wave. Also, Tableau’s Chief Product Officer François Ajenstat will discuss the Tableau’s role in the cloud data lake. In my predictions post for 2021, I said that the 2020s will be the decade of data. Cloud data lakes are a key technology enabling the innovation in analytics and machine learning.

Atlassian is acquiring Chartio to bring data visualization to the platform

TechCrunch

The Atlassian platform is chock full of data about how a company operates and communicates. Atlassian launched a machine learning layer, which relies on data on the platform with the addition of Atlassian Smarts last fall. million along the way, according to Pitchbook data.

Data Lake Engines - The Essential Layer of the Next Generation Data Architecture

Tomasz Tunguz

We shared a vision for a new way of working with data. More data is being stored in data lakes like Amazon S3 and Azure Data Lake Storage. There needs to be a layer between them to make all that data accessible to these users - a data lake engine.

CybSafe raises $7.9M Series A led by IQ Capital for its ‘behavioral’ cybersecurity platform

TechCrunch

data breaches are generally due to human error , for instance. CybSafe’s “behavior-led” platform manages these people-related security risks using behavioral science and data analytics by delivering personalized cyber support for users.

Research Assistant (Full Time – 6 months)

Forward Cities

The Research Assistant will primarily support the research team in the deployment of our primary data collection tools, including both the Survey of Entrepreneurs and the Entrepreneur Support Organization Survey, and the production of data visualizations for all of our data sources. Ability to communicate data to internal and public audiences. Comfortable learning new technology/software for data analysis and visualization. POSITION SUMMARY.

Unsung Hero Spotlight: Steven Rodriguez

Ecosystem Builder Hub

Someone who works at the intersection of economic/community/ecosystem development, is data-driven, collaborates and connects diverse stakeholders, focuses on being the right kind of busy and has a give #GiveFirst attitude. Data analysis and science in ecosystem work.

Bloomreach raises $150M on $900M valuation and acquires Exponea

TechCrunch

He points out that all of it is powered by an underlying data analysis engine that matches data to people and people to products. Exponea was founded in 2016 in Slovakia and has raised over $57 million, according to Pitchbook data.

The Power of Open Source to Solve the Data Fragmentation Challenge

Tomasz Tunguz

Most modern data architectures employ many different data stores and processing engines. Data analysts looking to unearth insights within these data stores must move data back and forth between different systems and different data formats. As the number of new open source projects continues to grow geometrically, this data fragmentation is likely to splinter further. ” Arrow promises data engineers three things.

TrustLayer raises $6M seed to become the ‘Carta for insurance’

TechCrunch

TrustLayer comes in by “attacking a messy, data-rich and unstructured problem within the insurance industry that is a major friction source for commerce.”. TrustLayer , which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 million in a seed round.

Understanding Gender Bias In Venture Funding

A VC: Musings of a VC in NYC

After 4 rounds of VC, I ran my own data analysis to see if my experience is unique. USV portfolio company goTenna ‘s founder and CEO Daniela Perdomo and USV analyst Dani Grant did some number crunching on VC funding and published the info last week. Women founders in female-focused sectors raise equitable VC, but women in non-female sectors raise 54% less than their fair share. In deep-tech, women raise up to 75% less! link]. Daniela Perdomo (@danielaperdomo) June 18, 2019.

Love Superheroes? NetSuite Takes It Up a Level with New Superhero Series [The Origin of Captain Finance]

Smart Hustle Magazine

She mastered the automated close by age 9 but when her parents were lost to a terrible spreadsheet-related incident, Jen swore to put an end to spreadsheets and manual data entry forever,” says the NetSuite narrator. Manual data entry mistakes.

MachEye raises $4.6M for its business intelligence platform

TechCrunch

We’ve seen our fair share of business intelligence (BI) platforms that aim to make data analysis accessible to everybody in a company. Will automation eliminate data science positions?

Data, Data Everywhere, Not a Second to Think

Tomasz Tunguz

More and more companies realize their proprietary data contains insights that drive tremendous competitive advantage. Enabling an organization to make data driven decisions is a long term process. Below is the current big data adoption process and where we are within it: Companies generate proprietary data whose volumes can’t be handled by existing tools. Companies build or buying the tools and expertise to store and process that data.

EnsoData Raises $9M Series A Financing to Empower Clinicians with Waveform AI

Dream It

EnsoData (Healthtech - Spring 2019) has a platform that transforms billions of waveform data points collected from sensors in medical devices and wearables into an easy-to-read report, so clinicians can make faster, more accurate diagnoses.

This VC introduced Palantir’s first business hire to its earliest engineer, then his business took off

TechCrunch

XYZ says it has already backed 22 startups whose founders came out of the data analysis company, including most notably, Anduril , Lucky Palmer’s defense tech startup.

Millennials May Not Be ‘the Entrepreneurs of Today’ Everyone Thinks They Are

Wesley Cherisien

According to a Federal Reserve data analysis by the Wall Street Journal , the number of people under the age of 30 who own businesses has dropped by 65 percent since the 1980s and is currently at a quarter-century low.

Andreessen Horowitz could make the carbon offset API Patch its latest climate bet

TechCrunch

Meanwhile, KoBold is a software developer that uses machine learning and big data processing technologies to find new prospects for the precious metals that companies need to make new batteries and renewable energy generation technologies.

My Pal Dave: A Triumph of Substance Over Style

Both Sides of the Table

He had a philosophy that the future competition for startups would be design led and based on data analysis. My pal Dave has blogger Tourette’s. He has it on stage, too, at conferences. He can’t help himself: He’s Dave. My pal Dave has problems. Not the ones you’d imagine. His biggest problems are with language, colors, fonts and spacing. Not much more. I think he could say “no” a bit more.

73.6% of all Statistics are Made Up

Both Sides of the Table

One of our core tasks was “market analysis,&# which consistent of: market sizing, market forecasts, competitive analysis and then instructing customers on which direction to take. We were looking at all sorts of strategic decisions that Sony was considering, which required analysis and data on broadband networks, Internet portas and mobile handsets/networks. I was leading the analysis with a team of 14 people: 12 Japanese, 1 German and 1 Turk.

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[Zoomcar in Express Drives] ‘Zoomcar Mobility Services’ software platform launched: Promises cost reduction for fleet operators

OurCrowd

Greg Moran, CEO & Co-Founder Zoomcar, states that with ZMS, fleet operators stand to reduce operating costs, improve safety and vehicle monetisation through features like real-time data analysis, and also improve customer engagement.

Winning with Data

Tomasz Tunguz

There’s a new class of company that wield data to create long-term competitive advantage. TheRealReal uses this morning’s sales data to inform this afternoon’s marketing campaigns. Zendesk’s data team educates and trains its employees to use data in meetings to prioritize key product management and marketing efforts. I first saw the impact of this type of data informed decision-making at Google. The best run companies use data to win.

The Future of Advertising will be Integrated

Both Sides of the Table

some data sources have this estimate much higher.) And naturally we have built in quality controls like: frequency capping, automated measurement so we can pull ads that people respond poorly to, A/B testing tools, data analysis to tell celebrities & brands which products will resonate, etc. We already have the data that proves it. On products where I’ve seen data the “ad free&# versions have converted at 4-6% of the user base at maximum.

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The Future of Human Data Interaction

Tomasz Tunguz

On the day of Tableau’s IPO, a company known for innovating in data visualization, I thought I would share the most impressive HCI concept I’ve seen in a long time. In the first two or three minutes of this video at Stanford, he demonstrates his home-built software that combines data analysis with visualization. In my view, Bret Victor is on the forefront of human computer interaction design.

The Technology that's Taking Data Science by Storm

Tomasz Tunguz

Amazon’s Redshift, an elastic data-warehousing solution launched in late 2012 is the most salient example. Redshift’s ability to process huge volumes of data is breathtaking. When running Redshift on solid state drives (SSDs), one team at FlyData queried 1 terabyte of data in less than 10 seconds. AirBnB’s data science team wrote about their experiences contrasting Redshift and Hive.

3 strategies for elevating brand authority in 2021

TechCrunch

When we teamed up with Semrush to explore keyword search data in 2020 related to marketing goals , brand awareness and authority showed steady upward trends. Amanda Milligan. Contributor. Share on Twitter.

Do VC Platforms Make Sense?

Both Sides of the Table

We felt we wanted “management heavy” where we’d try to put more effort into tracking systems, data analysis, event management, content creation and the like. In the VC insider baseball world a discussion has gone on about “VC platforms” over the past 5 or so years. While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros.

Startup Trends from YCombinator's Demo Day

Tomasz Tunguz

This increase in activity seems to be driven by advances in data analysis for drug discovery and novel sensors. If this data is any indication, we should see more commerce and consumer finance companies; and more vertical software businesses in the next few years I’ve been to many YC Demo Days and I always look forward to them. This year was no exception. There are so many wonderful ideas and companies founded by terrific entrepreneurs.

[TechSee in PR Newswire] TechSee Releases Results of Study on Visual Assistance’s Impact on Customer Service KPIs

OurCrowd

TechSee, a global leader in Visual Customer Assistance powered by AI and augmented reality, today released the results of an extensive data analysis it conducted to explore the impact of its technology on contact center and customer service KPIs.

The 2020s promise better tech solutions to humanity’s biggest problems

TechCrunch

Here’s more, from Danny Crichton : The 2010s were all about executing on the dreams of mobile, cloud, and basic data. In a companion article for Extra Crunch , he explores five key areas of the future, that he calls: Wellness, Climate, Data Society, Creativity and Fundamentals. Here’s an excerpt from the Data Society part: Data may be ubiquitous, but it’s amazing how much work it can still be to calculate an LTV, or the return on an advertising campaign.

Series A SaaS Startup Benchmarks for 2018

Tomasz Tunguz

But the average MRR has increased substantially from the last time I analyzed the data. The usual caveats to this data analysis apply. The sample size is on the smaller side; there are companies who raise Series Bs at less ARR than the median A for other factors; this analysis ignores space, competitive dynamics, team composition and auction pressure of financings How far along was the typical SaaS Series A in 2018? The median business was at $1.8M

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Optimize for authentic relationships, not bluster

This is going to be BIG.

Hilary has had both a major impact on my personally--by helping to push the envelope on the kind of data analysis work we were doing at Path 101. When we hired her, we leveled up in terms of our technology and Big Data chops. I was just some clueless kid when I asked Kara to come speak at my school and was even more clueless about data structures when I got Hilary to come work for me. Tweet.

Against All Odds in Startupland

Tomasz Tunguz

Win probability charts like the one above have become the icons of popular predictive data analysis. I love data, but let me whisper a heresy to you. The problem with predictive analysis like this is they never capture all the variables. Predicting the future is damn hard, and no matter how much data we jam onto disk, or how sophisticated our adversarial neural networks become, we still won’t be able predict the future accurately.

Your Startup's Competitive Advantage

Tomasz Tunguz

A better chat experience ; a data modeling layer for data analysis, near-instant transcription of expenses. Startups fail when they run out of money. Startups run out of money when they lack focus. Without a maniacal focus on serving customer needs in a unique way, startups can flounder amidst competition. Without product market fit, the business is challenged to generate strong metrics and faces fundraising challenges.

The 12 Things I Know About You

Tomasz Tunguz

But as I’ve learned writing this blog, experimentation and data analysis will lead authors to share those insights in the most generalizable way possible. I know 12 things about you. You have a great need for other people to like and admire you. You have a tendency to be critical of yourself. You have a great deal of unused capacity which you have not turned to your advantage. While you have some personality weaknesses, you are generally able to compensate for them.

Cyabra: IDF cyber-sleuths defend US government, celebrities and companies against disinformation

OurCrowd

The private sector can move much more quickly, they’re developing the AI products and machine learning products and big data analysis products that government just simply by its very nature can’t go out and design themselves, just like we don’t just go out and design the office furniture,” he said.

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