Google acquires Cask Data to beef up its tools for building and running big data analytics – TechCrunch
Google is pushing onerous on its efforts to construct out a deeper enterprise enterprise round Google Cloud, which continues to path behind Amazon’s AWS and Microsoft’s Azure on the subject of revenues and utilization amongst organizations. Within the newest improvement, Google has picked up Cask Information, a Palo Alto startup that makes a speciality of constructing options to run large information analytics companies primarily based on Hadoop.
The information comes lower than per week after Google introduced the acquisition of Velostrata, a startup from Israel that helps companies migrate and run information, apps and different IT capabilities within the cloud and throughout hybrid environments.
The Cask Information information was quietly made public by the co-founders of the startup, Jonathan Grey and Nitin Motgi, in a weblog publish on Might 14, which additionally confirmed that the corporate would proceed supporting present clients and merchandise.
“We are going to proceed to develop and launch open supply Cask Information Utility Platform (CDAP) that makes constructing and operating large information options simple for enterprise clients,” the pair write.
CDAP was Cask’s key product, and Google will proceed to maintain it open supply, in line with a press release from the corporate confirming the take care of Cask’s personal weblog publish.
“We’re thrilled to welcome the gifted Cask crew to Google Cloud, and are excited to work collectively to assist make builders extra productive with our information processing companies each within the cloud and on-premise,” mentioned William Vambenepe, group product supervisor for Google Cloud within the assertion. “We’re dedicated to open supply, and look ahead to driving the CDAP undertaking’s progress throughout the broader developer neighborhood.”
We now have additionally adopted up with Google straight, and an organization spokesperson echoed the identical. “We are able to verify that Cask Information has joined Google Cloud,” she mentioned.
Notably, neither Cask nor Google described the deal as an “acquisition,” and Google didn’t reply to our query asking about this straight. However from Cask’s FAQ, it seems like at the least a portion of its 55 workers, and Cask’s merchandise and clients, are a part of the deal.
Monetary phrases usually are not being disclosed. Cask Information had raised round $40 million in funding thus far, in line with PitchBook, with an extended checklist of big-name traders, together with Andreessen Horowitz, AME Cloud Ventures, Battery Ventures, Cloudera, Information Collective, Ericsson and Ignition Enterprise Companions. PitchBook’s information point out that Ignition bought its stake on April 25, which could have been when the deal closed. The newest valuation famous in PitchBook was for $57 million, again in 2015.
Cask doesn’t present an in depth checklist of shoppers — the one two talked about on its web site are Thomson Reuters and information administration platform supplier Lotame — but it surely outlines a number of methods through which it’s working with firms immediately, which offers a tough thought of what it is perhaps persevering with to develop at Google.
Hadoop is a key framework used to construct large information analytics companies and for serving to handle giant troves of knowledge throughout a number of areas. Cask had developed its personal layer on prime of that to run Hadoop-based deployments extra effectively. Utilizing the CDAP framework, varied firms lower down the time to construct and course of large information analytics jobs protecting areas like social media monitoring, streaming, safety reporting, migrating and studying giant information units, and extra.
Google Cloud is estimated to be a $four billion enterprise, placing it far behind Amazon and Microsoft’s cloud companies, which respectively are heading to annual revenues of $20 billion and $21 billion. Equally, it seems to even be trailing behind the 2 on the subject of enterprise adoption.
In different phrases, including extra instruments equivalent to those provided by Cask, in addition to selecting up extra clients, are two routes to giving Google Cloud the touchpoints it must develop its enterprise additional. And with many enterprises nonetheless utilizing on-premise and hybrid architectures, and ever-present alternatives to nab enterprise from rivals with aggressive choices, there’s nonetheless quite a bit to play for.
Supply hyperlink – https://techcrunch.com/2018/05/16/google-acquires-cask-data-to-beef-up-its-tools-for-building-and-running-big-data-analytics/