Ramona Adams
Intelligence community venture capital firm In-Q-Tel and MapD have partnered to update certain features of the latter company’s graphics processing unit-powered database and visualization platform.
MapD said Wednesday it also raised Series A capital funds from IQT, Nvidia, Vanedge Capital, Verizon Wireless and GV, formerly called Google Ventures.
“CPU-bound database and analytics systems have struggled to keep pace with the massive growth in data — severely limiting the insights that can be extracted from an organization’s informational assets,” said Todd Mostak, MapD CEO and co-founder.
MapD designed its software to function 75 to 1,000 times faster than traditional database systems as well as visualize billions of rows of data in milliseconds.
IQT also invested in Zoomdata‘s visual analytics platform in September and Ephesoft‘s document analysis platform in June to support the U.S. intelligence community’s technology requirements.
