Microsoft acquires Metanautix
Metanautix was cofounded back in 2012 by Theo Vassilakis and Toli Lerios, two former Google and Facebook employees. After two years in development, the company came out in September 2014, after raising $7 million in capital, including cash from venture firm Sequoia. Between 2012 and late 2014, a dozen beta customers used Metanautix' software. Now, they have just been acquired by Microsoft.
According to Corporate VP of Microsoft's Data Group, Joseph Sirosh, Metanautix "is helping solve one of the biggest challenges in the world of data analytics: How can a company bring all of its data together for analytics to gain powerful insights, discover new opportunities and drive growth through intelligent automation?" Metanautix' technology covers SQL Server, Oracle, or Teradata databases and business systems such as Salesforce, helping companies analyze huge amounts of data while keeping the costs lower than when using a central system.
As it usually happens with such deals, the financial terms have not been disclosed. Regarding the future of Metanautix inside Microsoft, Sirosh revealed that their technology will be used by the Microsoft data platform, including SQL Server and the Cortana Analytics Suite, but more detailed information will be shared in the coming months.