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Venture Capital News: Expanso Raises $7.5M Seed Round

2023-11-21
SEATTLE, WA, Expanso has raised $7.5 million in seed funding.
Expanso, a startup built to help enterprises manage their ever growing data needs with a distributed approach to big data processing powered by its open-source software Bacalhau, has raised $7.5 million in seed funding led by General Catalyst and Hetz Ventures, along with Array Ventures.

Expanso, a software company building upon their open-source software Bacalhau, offers a unique platform for fast, affordable, and secure computation. They orchestrate jobs to run where the data is generated and stored, eliminating costly and risky data transfers and storage. Their 'Compute Over Data' model keeps data stationary, simplifies management, and speeds up processing, enabling better focus on analytics and data science while reducing expenses and enhancing data security.
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