ParStream Receives $5,600,000 Series A Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d4c4c146-1616-4a32-ac60-e7be5fc63fb2&Preview=1 -
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
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Venture Investor
Khosla Ventures -
Venture Investor
Baker Capital -
Venture Investor
CrunchFund -
Venture Investor
Data Collective -
Venture Investor
Tola Capital -
Venture Investor
Undisclosed
