Israeli startup Edelbyte is developing big data analytics for AI Agents and has raised $70 million in seed and A-round funding for the work.
Why do agents need big data analytics reinvented? Edelbyte says AI agents ask more questions, in unexpected ways, across more data than humans. Its product is built for both the unpredictability and the scale of agent needs. A built-in knowledge base gives agents the context they need, so they find the right answer faster. The company says that it aims to make real-time performance, meaning less than 100 ms, practical and cost-efficient at a hundreds of petabytes scale.
The cost part is $0.01/GB ingested data with full indexes. Its software provides a single platform providing search, analytical queries, vector, graph, geospatial and more with no need to stitch separate databases together. The software can run on-premises, in any cloud, public or sovereign, or be self-hosted. There is a unified query engine and queries are federated.
Edelbyte was founded by a foursome who worked on Azure Data Explorer (ADX), Microsoft’s fully managed big-data analytics service. Its internal development name was Kusto with a Kusto Query Language (KQL), and it provides real-time analysis of streaming, log, time-series, and telemetry data.
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Alexander Sloutsky – VP Engineering,
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Yoni Leibowitz – VP of platform engineering
The $70 million investment was led by Sequoia and Quiet Capital, with participation from Greenoaks and Swish Ventures.
It’s developing its technology with four early customers in the Fortune 500 area and petabyte-level deployments. Edelbyte will compete on the basis of speed and affordability against established players such as ClickHouse, Databricks, IBM, Microsoft, Oracle and Snowflake. Databricks is very aware of agents wanting to access and analyze the data it holds, with an acquisition strategy at work.
Edelbyte reckons that a having purpose-built, agent-access focussed engine is better than extending existing analytical systems intended originally for human scale and speed access. To coin a phrase, build it and the customers will come.
