Kodiak Data Launches MemCloud™ to Address Big Data Infrastructure Chasm, Announces New Investors

MOUNTAIN VIEW, Calif., May 22, 2017 /PRNewswire/ -- Kodiak Data today introduced MemCloud™, the first memory-speed cloud infrastructure solution for big data scientists and software developers, providing big data analytic clusters at up to one-fifth the cost and five times the performance of typical leading cloud hosting services.

MemCloud is built on Kodiak Data's Virtual Cluster Infrastructure (VCI) platform, the only solution capable of in-software provisioning of compute, networking, storage and data at the cluster level within minutes.  MemCloud is available as a hosted cloud service, as well as a compact on-premise appliance for private clouds – an industry first offering.  Both the hosted and on-premise versions of MemCloud are currently live at various Kodiak Data customer sites.

Kodiak Data also announced new investments from Data Collective, Divergent Venture Partners, and Aspect Ventures.

"It's expensive to acquire the computational power needed to push the boundaries and innovate in data science," said Matt Ocko, Managing Partner of Data Collective. "What impresses me most about Kodiak Data is the simplicity and flexibility of their products which make the power of big data analytics accessible to more businesses."

According to Kevin Ober, Managing Director of Divergent Ventures, "Kodiak Data is the rare company that both dramatically slashes the operational cost and increases the performance of the entire pipeline of big data deployments - from development to production."

"We look for companies moving the needle," says Theresia Gouw, co-founder of Aspect Ventures, "and the Kodiak Data team has shown they can deliver on their mission to make production big data clusters fast, simple, and cost-effective, solving for a specific problem in an innovative way."

Kodiak Data's hardware-agnostic VCI pioneers data portability for entire big data clusters (such as Hadoop, Cassandra, Spark and others).  VCI allows MemCloud to deliver Big Data analytic clusters in the cloud quickly and cost-effectively.  Learn more about MemCloud, the first cloud for Big Data, at http://www.memcloud.works/memcloud.html.

About Kodiak Data
Kodiak Data is a leading cluster virtualization technology company that allows customers to easily deploy and scale big data infrastructure in both public and private clouds.  The Kodiak Data Virtual Cluster Infrastructure (VCI) platform is the only solution that can create, within minutes, code-ready virtual clusters that run at memory-speed and scale to the needs of big data applications. For more information about Kodiak Data, visit www.kodiakdata.com.

Media Contact:
Sherri Chien-Niclas
408-504-0400
[email protected]

SOURCE Kodiak Data

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