<http://schema.org/articleBody>
"Connotate today announced that it had completed a $7 million series B round, claiming advancing momentum, and touting its recent acquisition of Fetch Technologies.\u00A0According to Crunchbase, the company had raised $5.25 million in its series A, bringing the total funding for the company to $12.25 million as of today.\r\n\r\nParticipants in the round were\u00A0Castile Ventures, Prism VentureWorks and .406 Ventures.\r\n\r\nConnotate is a company in a very interesting market space: big data. Its product focus around huge amounts of data, and its actions in real-time. Essentially, Connotate provides tools that allow you to monitor large amounts of data, and stay on top of it as it changes.\r\n\r\nThat may sound mundane, but as companies increasingly deal with cloud solutions to help grant them sufficient power to deal with their information, companies such as Connotate are often the unsung heroes behind the companies and services that we use on a daily basis.\u00A0Highlighting this trend is Microsoft's recent investments in both Hadoop, and its Azure cloud product. Hadoop is a framework that works with large amounts of structured and\u00A0unstructured\u00A0data.\r\n\r\nIn its press release, Connotate's investors highlighted its market reception as one reason they put more money into the company;\u00A0\u201CSince our initial investment in Connotate, [.406 Ventures has] been continuously impressed with the company\u2019s\u00A0execution and traction in the market.&amp;quot; That sounds like we're talking dollars and revenues, if you ask me.\r\n\r\nGiven that this is a series B, \u00A0Connotate is likely a bit more mature as an organization than we usually cover from a funding perspective but fret not, its important to have a good baramoter of the entire capital marketplace, and not just the sliver that is consumer-facing and seed-stage."^^<http://www.w3.org/2001/XMLSchema#string>
<http://thenextweb.com/insider/2012/04/12/connotate-takes-on-7-million-more-to-boost-its-big-data-tools/>