Pepperdata Heats Up with $15M Funding, $41M Valuation
April 17, 2015
Pepperdata has raised a $15 million financing at a valuation of $41 million. New investor Wing Venture Capital led the round, with participation from Signia Venture Partners, Citi Ventures and others. Roughly one year ago, Pepperdata raised $3 million in funding at a $14 million valuation. The company's software is built to enable enterprises to rely on Hadoop, with real-time cluster optimization that adjusts cluster utilization based on customer priorities.