Stardog Union adds $3 million to Series A round - Technical.ly DC

Business

Jan. 4, 2018 12:43 pm

Stardog Union adds $3 million to Series A round

The investment from Tenfore Holdings increases the Crystal City company's round to $9 million.

Data.

(Photo by Flickr user justgrimes, used under a Creative Commons license)

Enterprise Knowledge Graph startup Stardog Union has increased their series A funding to $9 million, by adding $3 million from the New York City-based venture capital firm Tenfore Holdings

“We’re thrilled to have Tenfore Holdings as a new partner,” said Stardog CEO and cofounder Kendall Clark in a statement. “Our Knowledge Graph Platform has the potential to transform the way enterprises manage their data. Tenfore’s experience, both as investors and operators, and their network will be invaluable in helping us get there.”

The funds will be used on marketing, sales and speeding up product development for the Crystal City–based firm. The other $6 million was led by DC’s Grotech Ventures, with participation from Core Capital and Boulder Ventures

“Other solutions today cater to a slice of the enterprise data landscape. Stardog’s pace of growth is exciting, and Tenfore is pleased to back this exceptional team,” said Dan Levine, managing member of Tenfore Holdings in a statement.

If you’re confused on the definition of an Enterprise Knowledge Graph, check out our recent coverage of Stardog.

“All of your readers are super familiar with knowledge graphs and use them every day, because what Facebook, Google and LinkedIn are based on monetizing very large datasets, and use knowledge graph information to manage those datasets,” Clark told Technical.ly DC. “It’s a technique for managing large scale datasets, so we provide software for companies to manage their internal data sets using many of the same approaches and techniques that Google and LinkedIn and Facebook use to manage their data.”

Advertisement

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

SparkLabs launches DC accelerator for cybersecurity and blockchain startups

Lyft announces inaugural pitch competition for its DC-area drivers

DC Startup Week concludes with biggest turnout to date

SPONSORED

DC

Pitch for up to $360,000 in funding at the WeWork Creator Awards

Arlington, VA

i360

Software Quality Assurance Analyst

Apply Now
Arlington, VA

i360

Product Manager

Apply Now
New York, NY

LiveLike

Tech Lead, Mobile

Apply Now

TwentyTables takes first place at 2018 Startup Week DC pitch competition

On the Market has all the freshest job openings in #dctech

Aperiomics takes home $20,000 grand prize at 2018 Vinetta Project final

SPONSORED

DC

VR is cool, but it isn’t mainstream. This local company has a fix for that

New York, NY

LiveLike

Project Manager

Apply Now
DC, SF, NYC

Nava

Experienced Software Engineer – Backend

Apply Now
Arlington, VA

i360

Application Developer

Apply Now

Sign-up for daily news updates from Technical.ly

Do NOT follow this link or you will be banned from the site!