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Hadapt Raises $9.5M

2011-10-21
Hadapt, a New Haven-based developer of analytics software for large, structured and unstructured data, has raised $9.5 million in venture capital from Bessemer Venture Partners and Norwest Venture Partners.
NEW HAVEN, CT, According to published reports, Hadapt, a New Haven-based developer of analytics software for large, structured and unstructured data, has raised $9.5 million in venture capital from Bessemer Venture Partners and Norwest Venture Partners. The company also plans to relocate to the Boston area.

Hadapt offers an adaptive analytical platform for performing complex analytics on structured and unstructured data, all in one cloud-optimized system.

The company's product approach is a full integration of the open source parallel data processing framework, Apache Hadoop. Hadapt is expanding the Hadoop architecture with a more complete SQL interface, a patent-pending Adaptive Query Execution capability, and a hybrid storage engine to handle structured as well as unstructured data in a single platform. Adaptive Query Execution dynamically load balances queries in virtualized environments and allows analytical workloads to be automatically split between relational database engines and Hadoop to get the best possible performance out of the system.
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