Guavus’ Bankroll Now Stands at $87 Million: Big Data start-ups are like ants at a church picnic. They’re everywhere and they’re getting fed.
Guavus, which is focused on tier-one communications service providers and has kept a low profile for the past seven years, has just raised another $9 million, which makes a whopping $87 million in funding altogether.
It just closed a $30 million D round in January.
The latest money comes from new investors Goldman Sachs and Asia-focused TransLink Capital.
Guavus says it will use the funds to continue to expand its core products, scale its operations, and pursue acquisitions to support demand for its holistic Big Data analytics solutions.
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