ParStream Receives $5,600,000 Series A Financing

  • Feed Type
  • Date
    8/15/2012
  • Company Name
    ParStream
  • Mailing Address
    530 Lytton Avenue 2nd Floor Palo Alto, CA 94301
  • Company Description
    ParsStream’s vision is to revolutionize the database market to enable real time big data analytics applications. To achieve this ParStream is performing fundamental research and driving innovation in database technology. The results allow users to perform real time analytics on big data at a significantly lower cost.
  • Website
    http://www.parstream.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,600,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    This is Cologne, Germany-based ParStream’s first round of funding, which should help it take on better-known competition such as Vertica, ParAccel and EMC Greenplum.
  • M&A Terms
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    Baker Capital
  • Venture Investor
    CrunchFund
  • Venture Investor
    Data Collective
  • Venture Investor
    Tola Capital
  • Venture Investor
    Undisclosed

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