Hammerspace ingests $56M for a new approach to work with vast amounts of unstructured data

Data may be “the new oil,” but only when it can be extracted and put to use. Today, a five year-old startup called Hammerspace that is giving any kind of data that lease of life is announcing $56 million in funding — its first institutional investment — as it expands its business.
Prosperity7 Ventures — the venture arm of Saudi Aramco — is leading this first outside round, with ARK Invest, Pier 88 Hedge Fund, Samsung and other unnamed investors also participating.
Hammerspace was initially funded, co-founded and led by David Flynn, the pioneer technologist k

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