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Record Number of Customers Turn to Datameer to Unlock Big Data Insights

Datameer Announces Rapid Revenue Growth with 200 Customers Gaining Business Value from Its Big Data Analytics Application

SAN FRANCISCO, July 31, 2014 /PRNewswire/ -- Datameer, the only end-to-end big data analytics application purpose-built for Hadoop, today announced that organizations across key verticals are rapidly adopting Datameer to quickly gain new insights from all of their data. Datameer now has 200 customers with over 240 deployments.

Used by major brands across industries, Datameer empowers anyone to integrate, analyze and visualize all of their data regardless of type or source. Customers in retail, financial services, gaming, telecommunications and Internet of Things are using Datameer as an integral part of their big data strategy, achieving significant business results in as little as two to four weeks.

"At Kleiner Perkins Caufield & Byers we see tremendous opportunity in the big data space as volume and complexity of data is exploding, but only 1 percent is currently being analyzed. We're excited about Datameer's growth and the momentum they are gaining with the adoption of their technology by such progressive companies," said Matt Murphy, general partner at Kleiner Perkins Caufield & Byers. 

"Redpoint Ventures has a reputation of investing in big data companies that we know are going to impact the playing field," said John Walecka, partner at Redpoint Ventures. "Datameer is amassing strong momentum driving critical big data use cases by helping companies realize the true value of big data analytics."  

Companies like Vivint, Workday, Opower and Machine Zone are using Datameer's big data analytics to identify new revenue streams. By combining a variety of device and customer data and enriching it with third-party data, these companies are gaining insights that helps them innovate new products and services or offer analytic products as new revenue streams.

"With Datameer, we're able to help drive energy conservation by developing important analytics reports for utility companies," said Meghann Lomas, product manager for business intelligence and data insights at Opower. "By better understanding how utility customers use energy, we are able to develop targeted, meaningful insights that empower people to save energy." 

Over the past four quarters, Datameer has rapidly expanded its customer roster beyond financial and telecommunications to include consumer brands such as AutoTrader and Surfdome, energy such as Opower, healthcare such as iHealth and high-growth technology companies like Trustev and Vivint.

"The biggest issue businesses face today is getting faster insights from growing data complexity to make better business decisions," said Stefan Groschupf, CEO of Datameer. "Our growth is validation that our customers are seeing real business benefits with fastest time to insight, by identifying new revenue streams and operational efficiencies."

As part of Datameer's focus on aggressively scaling all aspects of Datameer's go-to-market strategy, the company recently appointed Azita Martin as chief marketing officer to drive thought leadership, increase brand awareness and customer acquisition. Martin is a data-driven marketing executive with a proven track record at scaling revenue and brand awareness at high-growth startups and category-creating public companies like Salesforce and Siebel.

Recognized as a market leader by GigaOM Research in its Sector Roadmap report on Data Discovery tools, Datameer is continuing to strengthen its leadership in the transformation of how business is done in today's digital age.

Datameer recently relocated its headquarters to San Francisco in the historic Hamm's Building to accommodate its expanded employee base and further increase its ability to attract key talent from across the Bay Area. 

About Datameer
Datameer is the only end-to-end big data analytics application purpose-built for Hadoop, designed to make big data easy for everyone. Companies of all sizes like British Telecom, Citibank, Trustev and Workday use Datameer to integrate, analyze and visualize all of their data to get new insights faster than ever. Founded in 2009 by Hadoop veterans, Datameer is headquartered in San Francisco, CA and counts Kleiner Perkins Caulfield & Byers, Workday, Citi Ventures, Next World Capital and Software AG among its investors. For more information, please visit http://www.datameer.com.

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Media Contact
Monique Sherman
PR Manager, Datameer, Inc.
msherman@datameer.com
415-802-2540

SOURCE Datameer

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