[ StreamSets raises $20M in Series B ]
StreamSets has raised $20 million in Series B funding.
Founded in 2014, StreamSets provides software to manage various sets of data from a single control panel. A company can feed Internet of Things (IoT) sensor data from factory, farm, or construction equipment into an app that predicts failure of machinery, for example. Or it can feed network and systems log information into a cybersecurity analytics engine to detect an advanced attack using machine learning.
The new financing will be used to further develop the product and expand in North America and in Europe, where the startup just opened its London office.
|City||SAn Francisco, CA|
|Founder / CEO||Girish Pancha|
|New Enterprise Associates|
|Previous Investors||same as above|