| Australia's Future Fund has emerged as the surprise lead investor in a $US50 million ($77 million) capital raising by US technology startup MapR Technologies, which also included Google's venture capital funds.
As well as Australia's sovereign wealth fund and Google Capital, the funding round was also boosted by Lightspeed Venture Partners, Mayfield Fund, New Enterprise Associates, Qualcomm Ventures, and Redpoint Ventures. MapR is a big data and analytics specialist, which is closing in on an initial public offering after claiming a record quarter where it said it had signed up customers at more than 100 per cent of the previous year...............................................Full Article: Source |