8 Boston ‘big data’ startups I’m watching.
Boston Business Journal by Kyle Alspach, VC Editor Date: Wednesday, April 25, 2012, 10:35am EDT – Last Modified: Wednesday, April 25, 2012, 11:08am EDT
VC Editor – Boston Business Journal
Vertica and Netezza, acquired. Splunk (Nasdaq: SPLK), gone public. What’s next in “big data” innovation? Eight Boston area startups have some ideas.
Well, not just eight — these are just a few of the ones on my radar due to their prominent founders, novel technology or hires from big data incumbents (or all three).
It also doesn’t hurt that each of these startups has raised venture funding in the past year. Click here to find out about the eight companies on my list.
Worth noting: There are of course plenty of other startups in Boston focused on big data along with these — check out this recent post from GigaOM for several that aren’t included on my list.
Objective Logistics, Cambridge. The startup’s software-as-a-service — dubbed MUSE — links into restaurant point-of-sales systems and ranks the performance of staff members (with the best performers earning rewards). The amount of data produced by restaurants “totally blew me away,” company CEO Philip Beauregard said in an email. “But when I thought about it, they are essentially serving as full-scale ERPs for one of the world’s largest industries. More like ‘gigantic data.’” Co-founded by Beauregard (left) and Matthew Grace (right), the startup is backed by a $1.5 million seed round from Google Ventures, Atlas and NextView.