Startup City Magazine

Continuuity Receives $10 Million To Build apps

Continuuity, a startup which will be recognized as the next generation Big Data Application provider, has raised $ 10 Million in series A round of  funding from Battery Ventures and Ignition Partners. Companies like Andreessen Horowitz, Amplify Partners and Data Collective also participated, reports Derick Harris from Gigaom. The company was founded by Todd Papaioannou, Jonathan Gray and Nitin Motgi in late 2011, closing a 2.5 Million seed round of funding in January 2012. 

The cash infusion will help to develop technology, and opens Hadoop to the new workload strategies. Hadoop is focused on providing customers, with flexile choices for enterprise storage. Though Continuuity’s AppFabric is built atop Hadoop and a collection of new technologies, it helps developers to build big data applications. Keeping YARN and HBase as an example, the company was able to build methods for processing stream data.

Papaioannou says that developers need not worry about nodes, clusters or any other problem which engineers face. This thought has been put together to derive web based app PaaS offerings such as Heroku, Cloud Foundry and Windows Azure. Continuuity will accompany them next year by launching a publicly hosted version of AppFabric to complement them. The seven man army will help to create many applications to Facebook and Yahoo.

Current Issue

Featured Startups