WebAction, Inc., the Real-Time Big Data Server company, announced that it has closed an $11m Series B financing led by Summit Partners, a leading global growth equity firm. The new capital will allow WebAction to expand research and development, and increase investments in sales, marketing, and other business development activities.
WebAction Real-Time Big Data Server is an end-to-end platform that enables the next generation of real-time, data driven applications by acquiring, processing, and delivering structured and unstructured data.
Founded in 2012 by data management veterans, WebAction is headquartered in Palo Alto, CA.
