• Aster Data Raises Another $30 Million To Help Manage Big Data

    Wednesday, September 22nd, 2010

    Jason Kincaid currently works as a writer at TechCrunch. He grew up in Danville, California and later relocated to UCLA in Los Angeles, California, where he studied biology with a minor in ‘Society and Genetics’. You can reach him at jkincaidtc@gmail.com (he has other addresses too, so don’t worry if you have a different one). → Learn More

    Aster Data, a startup that helps companies manage and analyze vast quantities of data, has raised a $30 million Series C funding round from existing investors Sequoia Capital, JAFCO Ventures, Institutional Venture Partners, Cambrian Ventures, and David Cheriton — and an unnamed strategic investor. The company had previously raised a $17 million B round in February 2009, and a $5 million A round in 2007 (you can see their full funding history on CrunchBase).

    Aster Data makes products that help manage and analyze very large sets of data, solving problems that standard databases may not be able to cope with. One of Aster’s core products is nCluster, which the company describes as a massively parallel (MPP) database with an analytics engine baked in. Aster Data’s clients include comScore, LinkedIn, and MySpace. The company says that since 2008, it has doubled revenue year-over-year.

    Website: asterdata.com
    Launch Date: July 2005
    Funding: $53M

    Aster Data is a proven leader in big data management and big data analysis for data-driven applications. Aster Data’s nCluster is the first MPP data warehouse architecture that allows applications to be fully embedded within the database engine to enable ultra-fast, deep analysis of massive data sets. Aster Data’s unique “applications-within™” approach allows application logic to exist and execute with the data itself. Termed a “Massively Parallel Data-Application Server,” Aster Data’s solution effectively uses Aster’s patent-pending SQL-MapReduce with parallelized data processing...

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