Analytics Specialist Saama Raises $35 million, Unfurls Industry Solutions

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Reporter Heather Clancy wrote an article for the Tech and Data Sheet sections that explains how the 700-person company has raised $35 million in Series A funding for specific industry sectors including healthcare, life sciences, insurance, and consumer packaged goods. “‘Many organizations have invested heavily in big data infrastructure. How do they get results out of this? We’re focused on the last-mile effort, on business outcomes,’ said Saama founder and CEO Suresh Katta, a former engineer with Silicon Graphics.”

“Carrick Capital Partners led the minority financing; partner Marc McMorris is joining Saama’s board. ‘At Carrick, we believe that effective analytics requires both software and services capabilities and that the most successful companies will have a great combined offering,’ McMorris said. ‘Saama exemplifies this hybrid delivery that we see as critical to the fast-moving Big Data solutions space.’”

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