Software startup MapR Technologies announced the close of $56 million in financing. Two investors contributed to the round, including Lightspeed Venture Partners.
MapR, headquartered in San Jose, CA, has created a converged data platform that enables customers to harness the power of big data by combining analytics in real-time to operational applications to improve business outcomes. Amazon, Cisco, Google, Microsoft, SAP, and other leading businesses are part of the global MapR partner ecosystem.
The company revealed that the funds will be used to continue product innovation.