Big data startups have a new place to go for guidance and cash: Data Elite


There are now plenty of venture capital firms and funds dedicated to big data (or data, generally), and even a few incubators focused on nurturing enterprise software startups. But folks behind a new venture called Data Elite don’t think there’s anything like it.

Data Elite was created by Aster Data Co-founder Tasso Argyros and veteran investor Stamios Venios, who’s also its managing director. Venture capital partners include The Social+Capital Partnership, Andreessen Horowitz, Formation8, Ron Conway, and Anand Rajaraman (who co-founded Kosmix and @Walmartlabs). Its group of advisers, who Venios told me will spend a lot of time working with portfolio companies, includes Rajaraman and Argyros, as well as about a dozen others — Facebook Head of Analytics Ken Rudin, Qubole Co-founder Ashish Thusoo, and several prominent industry data scientists and engineers among them.

What Venios says makes Data Elite different is that it won’t take any startup that claims it does big…

View original post 268 more words


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s