Thursday, May 21, 2015

Frost Data Capital Backs Maana For Big Data Search

San Juan Capistrano-based Frost Data Capital, the investment and incubation effort led by Stuart Frost, has backed Maana, the developer of a big data search engine technology. Maana said Wednesday that it raised $14M in a funding round, which came from Chevron Technology Ventures, ConocoPhillips Technology Ventures, Frost Data Capital, GE Ventures, and Intel Capital. Maana is based in Silicon Valley. The investment is somewhat unusual, in that Frost has generally been investing in companies it has incubated directly, or where it has worked directly with the founders to start the company, rather than in outside startups More information »

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