Saama Technologies Raises $35M to Build Out Big Data Services


In her article on the funding, Contributor Reporter Gina Hall provides an overview of the company’s history and plans to put their funding to work. “With the new funds, Saama will expand its Ready Analytics solutions, a series of prepackaged offerings focused on specific industry sectors, such as healthcare, life sciences, insurance, and consumer packaged goods. The company, which has offices in Pune, India, will also grow its presence in India over the next quarter.”

“Carrick Capital Partners was the sole investor in the round. Marc McMorris, Carrick Capital Partners’ co-founder and managing director, will join the company’s board of directors as part of the investment. CEO Suresh Katta founded the Campbell-based company in 1997 to transform businesses data into actionable insights.”

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