• ParStream Raises $5.6 Million For Big Data Analysis

    ParStream Raises $5.6 Million For Big Data Analysis

    Par Stream has raised $5.6 million for furher extending its big data search engine technology that uses in-memory and massive parallel processing to do real-time analysis. The Series A financing was led by Khosla Ventures. Additional investors include Baker Capital, Crunch Fund, Data Collective, Tola Capital and private individuals. Read More

  • Greenplum Takes $27 Million Series C

    Database software provider Greenplum has taken $27 million Series C is a round led by Meritech Capital Partners that included Sun Microsystems and SAP Ventures. Greenplum leverages open source database software and incorporates a “shared-nothing architecture that employs parallel processing on commodity hardware.” Sun Microsystems CEO Jonathan Schwartz said that the investment… Read More