Pivotal Spinoff SnappyData Scores $3.65 Million to Staff Up
| April 28, 2016
Pivotal, the spinoff of EMC and VMware, now has a spinoff of its own. And that spinoff, SnappyData, now has $3.65 million in Series A funding from Pivotal, GE Ventures, and GTD Capital. SnappyData claims to provide a set of resources, including a computing cluster and what it calls "approximate query processing" (AQP) that asks questions of a subset of overall data and from that get to the right answer. The underlying foundation of the product is the open-source Spark framework, which enables batch processing of lots of data, and Gemfire, an in-memory database that Pivotal open-sourced last year. (Open-source software is freely available to download so developers can work with it, tweak it, and contribute improvements to it over time.) But SnappyData's secret sauce, and what people will ostensibly pay for, is the AQP query processing piece.