One of the hottest topics in today’s tech industry is artificial intelligence. Tech luminaries and venture capitalists alike spout off support for the emerging technology and its potential to disrupt an array of industries. Along with that, giants such as Google and Facebook are also heavily investing in the space via dedicated research teams. What's sometimes overlooked are the large datasets needed to train AI, and although this may be lost in the media, VCs have been privy for some time, pouring investment into Big Data startups at a high clip.
Since the beginning of 2012, roughly 1,300 VC investors have participated in an investment backing a Big Data company, according to the PitchBook Platform. During that time, deal count and capital invested saw continuous YoY growth, peaking in 2015 at 462 deals with a combined value of $5.65 billion. Of the VC firms active within the space, 406 have completed at least one deal in the past six months.
1. Data Collective (33)
2. New Enterprise Associates (31)
3. Intel Capital (29)
4. AME Cloud Ventures (26)
5. Sequoia Capital (24)
6. Accel (22)
7. Andreessen Horowitz (19)
8. SV Angel (18)
9. Battery Ventures (17)
T-10. Lightspeed Venture Partners (16)
T-10. Khosla Ventures (16)
PitchBook Platform users can get the full list of VCs investing in Big Data here. Not a client but want access to this data? Contact us today.