SQream Scores $7.4 Million to Analyze Big Data Faster

Companies are piling up data at faster and faster rates, but the tools for processing and analyzing them are immature, and skilled people needed to deal with big data are in short supply.

SQream Technologies Ltd. raised $7.4 million for a patent-pending technology that cuts through some of these problems, enabling customers to load, crunch and analyze as many as 100 terabytes of raw data on a single computing node in near real-time, the company said.