Podium Data provides a lake management software platform for companies to manage, prepare and deliver data. The platform is purpose-built to leverage Hadoop and enables delivery of business-ready data through enterprise-scale data lake, ETL re-hosting, and analytic sandbox projects. It aims to reduce the time and cost associated with traditional data warehousing projects. The solution is used by a growing list of Fortune 500 companies, including TD Bank, Citizens Bank, Astellas Pharma, Tegna and SunLife. Following the Series A, the company plans to expand sales and marketing, build out customer success teams, grow its ecosystem of technology, system integration and application partners, and invest in product innovation. Paul Barth is CEO. Podium Data offers the Podium platform, a practical high-performance big data solution that the company describes as the first data lake platform delivering business-ready data. The platform continuously captures and integrates data from disparate sources and provides secure, self-service access for business users, with insights continuously captured. Podium’s technology aims to reduce time-to-answer, accelerate analysis, and enable informed decision making and improved customer experience. The company released the Podium enterprise data management platform in August 2014 and reports early traction across financial services, insurance, healthcare and retail, with customers committing to multi-year subscriptions. Leadership is led by founders Paul Barth (CEO) and Steve Richards (COO) alongside founding technologists Atif Majid, Michael Howard and Bob Vecchione. Podium will use initial financing to build on recent accomplishments, expand reach in target markets, and advance early marketplace adoption of its platform.

Total raised

$10M

Funding rounds

2

Latest round

Series A

Latest activity

Sep 2016