Big VCs Invest In Big Data Startup Continuuity

Venture capital firm Battery Ventures this morning announced that it has made an investment in Continuuity, a stealth ‘big data’ startup founded by Battery entrepreneur-in-residence Todd Papaioannou (formerly VP and Chief Cloud Architect for Yahoo).
Andreessen Horowitz, Ignition Partners and a group of angel investors including Bob Pasker, Paul Ambrose, Matt Ocko and The Data Collective also participated in the round.
It’s unclear what Continuuity is building, and the press release makes us none the wiser:

Continuuity’s goal is to enable the development of the next wave of real-time Big Data applications.

Ok then. Here’s a recent video interview of Papaioannou talking about trends in big data:

Source:http://techcrunch.com/2012/01/25/big-vcs-invest-in-big-data-startup-continuuity/