The company sorts through huge amounts of data and finds ways to put information into “knowledge graphs” that help clients visualize the results.
Big-data analytics company Maana has snagged $26 million in funding from some of the biggest names in the oil and gas industry.
The Bellevue company announced Tuesday that its series B funding round was led by Saudi Aramco Energy Ventures, with participation from Shell Technology Ventures, GE Ventures, Chevron Technology Ventures, Intel Capital and Frost Data Capital. The company has raised a total of $40 million.
Maana’s technology sorts through huge amounts of data that businesses may have and finds ways to put information into so-called “knowledge graphs” that help companies visualize and easily make sense of its data.
“Our platform is unique in the way it forms operational knowledge from data in silos and translates this knowledge into recommendations for thousands of employees to make better day-to-day decisions,” co-founder and CEO Babur Ozden said in a statement.
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Many of Maana’s investors, including Chevron and GE, are also customers.
“These companies in particular use Maana because of the complexity of their business,” co-founder and Chief Technology Officer Donald Thompson said. “ … A single division could have over 60 different information systems that they work with.”
Thompson is a Microsoft veteran who spent 15 years at the company, working on building out the digital advertising business and Satori, an engine that works with Bing.
Maana has about 50 employees, and all but five work in Bellevue. The company considers its headquarters to be split between Bellevue and Palo Alto, Calif., where Ozden works.