Page 8 - Apache Arrow News Today

4x-image / Getty Images In my August 2020 article, “How to choose a cloud machine learning platform,” my first guideline for choosing a platform was, “Be close to your data.” Keeping the code near the data is necessary to keep the latency low, since the speed of light limits transmission speeds. After all, machine learning — especially deep learning — tends to go through all your data multiple times (each time through is called an epoch). I said at the time that the ...

Data lake-focused Dremio raises $135M series D funding round Dremios new funding round follows quickly upon a $70M Series C round in March 2020, bringing total funding to just over $260M. January 6, 2021 -- 14:07 GMT (06:07 PST) | Topic: Big Data Analytics Dremio, founded by MapR alumni Tomer Shiran and Jaques Nadeau, is announcing today that it has raised $135 million in Series D funding. This round follows qui...

SHARE Self-service data analytics startup Dremio Corp. said today it has closed on a $135 million late-stage round of funding that values it at more than $1 billion. Sapphire Ventures led the Series D round, which brings Dremio’s total funding raised to $250 million. Existing investors Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures and Cisco Investments also participated in the round. Dremio’ software is based on the open-source Apache Arrow softw...