BIG DATA

Venture capital group focuses on big data startups

Accel Partners, a venture capital firm, is backing the big data movement by dedicating $100 million for an investment fund called Big Data Fund 2, TechCrunch reported.

To help guide investments and track entrepreneurs, the firm has added QlikView CTO Anthony Deighton and Imperva CEO Shlomo Kramer to its Big Data Fund Advisory Council.

The purpose of the fund is to invest in the second wave of big data startups, TechCrunch reported.

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