Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Zettaset Raises $10 Million to Manage and Secure Big Data

Zettaset, a Mountain View, California-based provider of Big Data management and security solutions, announced on Wednesday that it has closed a $10 million Series B round of venture funding.

The new cash will be used to expand research and development and sales and marketing in order meet increasing demand from enterprise customers, the company said.

Zettaset, a Mountain View, California-based provider of Big Data management and security solutions, announced on Wednesday that it has closed a $10 million Series B round of venture funding.

The new cash will be used to expand research and development and sales and marketing in order meet increasing demand from enterprise customers, the company said.

Zettaset LogoZettaset offers a platform that uses software to automate, secure, and accelerate Hadoop deployments and help IT teams reduce Hadoop deployment costs.

Dubbed “Zettaset Orchestrator”, the company’s flagship Hadoop management platform works with any open source Apache Hadoop-based distribution, including Cloudera and IBM BigInsights, and focuses on three key areas:

Enterprise Readiness – Orchestrator is hardened to meet enterprise security, high availability, and performance requirements

Software Automation – Orchestrator simplifies Hadoop deployment and eliminates unnecessary dependencies on professional services

Operational Efficiency – Orchestrator lowers operational expenses by reducing IT resource requirements

Zettaset also offers custom tools for managing Hadoop clusters and gives users the ability to monitor clusters’ health with reports generated every few seconds via cluster automation software.

“Zettaset has focused on what the enterprise needs most when it comes to Big Data – security, reliability and ease of use,” said John Kim, Managing Partner at HighBar Partners. “Big Data is poised to be a multi-billion dollar market in just a few years, yet the current technologies have failed to adequately address these fundamental challenges. Zettaset is well-positioned to become the Big Data management platform of choice for businesses of any size.”

Advertisement. Scroll to continue reading.

“One of Zettaset’s key differentiators is its distribution-agnostic approach,” said Dave Stevens, CTO and VP of Corporate Development, at Brocade. “It’s the only Big Data management solution that can be used in hybrid Hadoop environments to enable migration or expansion of Big Data deployments regardless of the distribution. This means that companies no longer need to feel locked into any single Hadoop technology, providing incredible value to enterprise customers.”

Originally named GOTO Metrics, the company was re-named Zettaset in 2011 at the same time it announced a $3 million round of funding.

Today’s $10 million financing round was led by HighBar Partners, with additional participation from strategic investor Brocade and previous investors DFJ and Epic Ventures.

As part of the deal, John Kim and Roy Thiele-Sardina, managing partners at HighBar Partners, will join Zettaset’s board of directors.

Related: Big Data Will Transform IT Security

RelatedExamining The Security Implications of Big Data

Related:  MetricStream Adds Big Data Analytics Support For Enhanced Risk Intelligence

Written By

For more than 15 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

People on the Move

Cody Barrow has been appointed as CEO of threat intelligence company EclecticIQ.

Shay Mowlem has been named CMO of runtime and application security company Contrast Security.

Attack detection firm Vectra AI has appointed Jeff Reed to the newly created role of Chief Product Officer.

More People On The Move

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Data Protection

The cryptopocalypse is the point at which quantum computing becomes powerful enough to use Shor’s algorithm to crack PKI encryption.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Artificial Intelligence

The CRYSTALS-Kyber public-key encryption and key encapsulation mechanism recommended by NIST for post-quantum cryptography has been broken using AI combined with side channel attacks.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...

Compliance

The three primary drivers for cyber regulations are voter privacy, the economy, and national security – with the complication that the first is often...