48. Qubole

Cloud-based big data as a service

Ashish Thusoo, co-founder and CEO of Qubole.
Source: Qubole
Ashish Thusoo, co-founder and CEO of Qubole.

Founders: Ashish Thusoo, Joydeep Sen Sarma
Date launched: 2011
Funding: $20 million
Industries disrupted: Big data, cloud computing, software services

Ashish Thusoo and Joydeep Sen Sarma, who built and ran Facebook's data service, started Qubole in 2011. The start-up is a big-data-as-a-service firm that helps companies sift through and benefit from the immense amount of customer data they collect every day.

Building out an infrastructure to support a big-data initiative is time-consuming, expensive and complicated. That's where Qubole comes in. The Mountain View, California-based company claims to have the only self-service big-data platform that manages every aspect of analyzing data in the cloud simply and offers customers the ability to scale its product as needed without having to invest the time and resources into maintaining the hardware.

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Customers include Pinterest, Quora, Answers.com and the Motion Picture Association of America. So far, the company has raised $20 million from investors, such as Lightspeed Ventures and Norwest Venture Partners.

"At Facebook we built out a self-service platform for big-data analysis and saw firsthand how instrumental that platform was in making the company data driven and also agile ... With Qubole we have married the agility and self-service nature of the cloud to big-data technologies to build a disruptive service that significantly accelerates the use of data in enterprises." -Ashish Thusoo, co-founder and CEO, Qubole

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