Google's investment arm, Google Ventures, doesn't divide its $1 billion into tech-specific funds.
Even so, big data is one area it has begun to focus, says partner Karim Faris.
Faris is one of the backers of ClearStory Data, a big data startup that launched this week. But he told Business Insider that he and other partners will be launching more in the next few weeks.
Google is almost uniquely qualified to identify big data startups given that much of the new technology is based on techniques invented at Google, like MapReduce and Google File System (GFS).
"We're lucky to have in our backyard dozens of people that know a lot about the problem in real life," he says. "So we've got a good understanding of the issues and the opportunities. There's going to be a lot coming out of us in the next few months in this space," he adds.