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Hydrolix snares $10M seed to lower the cost of processing log data at scale

– Hydrolix, a startup that helps companies process data from logs, traces and metrics, announced a $10m seed round.
– The round was led by Wing Venture Capital with help from AV8 Ventures, Oregon Venture Fund and Silicon Valley Data Capital.
– The company plans to use the funding to expand its engineering team and build out its product.

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StorageOS Raises $10M in Series B Funding

– StorageOS from London develops a cloud native storage management platform to strengthen the cloud native storage industry.
– Series B $10m round brings company valuation to more than $50m.
– The round was led by Downing Ventures with participation from Bain Capital Ventures, Uncorrelated Ventures and MMC Ventures and new investor Chestnut Street Ventures.
– The new investment will be aimed at scaling the company’s sales and customer facing technology teams.

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TigerGraph raises $105 million to grow its big data analytics platform

– TigerGraph has raised $105m in series C funding.
– The company says it’ll put the proceeds toward product R&D, including the forthcoming TigerGraph Cloud on Google Cloud Platform, as well as expanded multiregional support on Amazon Web Services and Azure.
– TigerGraph also plans to grow its reach with local support in Asia, Australia, and New Zealand as it scales up with additional hiring in the Americas, Europe, the Middle East and Africa, and Asia-Pacific.
– TigerGraph’s pay-as-you-go cloud service aims to simplify graph management with a preconfigured app-generating tool.
– The company offers a dozen starter kits addressing use cases like fraud detection, personalized real-time recommendation, computation, explainable AI, machine learning, and supply chain analysis.

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