Funds for Enterprise Data Firm Expanso
November 22 2023
In Seattle, enterprise data firm Expanso has raised $7.5m, which it will use to expand its operations and business reach.
Expanso’s Bacalhau software allows clients to run data in the same place it is generated and stored, while its ‘Compute Over Data’ model claims to keep data stationary, simplify management, and speed up processing, enabling better focus on analytics and data science.
New funding has been led by General Catalyst and Hetz Ventures, along with Array Ventures. The investment comes six months after the company launched software that allows clients to process data without having to transfer it to the cloud first.
Expanso CEO David Aronchick (pictured) comments: ‘Infrastructure built to meet data where it is, even if distributed around the world, is long overdue. We’re excited to partner with General Catalyst, Hetz Ventures, and Array Ventures and use this funding to accelerate the development of Bacalhau and Expanso, and bring it to even more users’.
Web site: www.expanso.io .
