Automated big data management company Infoworks has secured $5 million in Series A funding from Nexus Venture Partners along with Knoll Ventures and a few other investors.

With the new funding, Infoworks has expanded its management team to prepare for the next stage of growth, the company said in a statement.

Infoworks also announced availability of a complete solution for data warehouse augmentation, which is built on the company’s dynamic data warehousing (DDW) platform.

“Existing methodologies and systems for data management are proving to be too slow, inflexible, and expensive to meet the emerging needs of data-driven enterprises,” said Amar Arsikere, CEO and co-founder of Infoworks.

Just as Google crawls the web and organises information for search, the Infoworks DDW platform automatically crawls enterprise databases, ingests the data into Hadoop, and organises it into high-performance data warehouses and other data models that support all enterprise-use cases, including cubes, Arsikere explained.

Buno Pati is the Chairman of Infoworks, and is also an experienced entrepreneur

“The strong positive response of large enterprises to the technology developed by Infoworks was impressive — amongst the strongest I have seen in over 20 years of working with technology start-ups, and a clear indication of the market need,” stated Pati, Chairman and co-founder of Infoworks.

Naren Gupta, Managing Partner of Nexus Venture Partners said, “Infoworks addresses a pressing industry need for building data warehouses and data models for rapidly changing big data.  We were impressed with the company’s vision, and are excited to be part of the team.” Gupta also joins the board of directors of Infoworks post-funding. 

 

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