- Funding Received
- $13.6 Million in 2 Rounds from 5 Investors
- Most Recent Funding
- $8 Million Series B on October 17, 2013
- ParStream offers a big data analytics online platform that filters and analyzes billions of records in sub-second time.
- Jörg Bienert, Mike Hummel, Norbert Heusser
- Business Intelligence, Databases, Real Time, Big Data, Analytics
ParStream provides a real-time big data analytics platform that filters and analyzes billions of records in sub-second time while continuously importing new data. The ParStream software is a column-oriented database with a unique indexing technology and a highly parallel architecture. The platform gains insights in real time with low latency and high throughput. Supporting JDBC and ODBC as common interface technologies ParStream is easy to integrate in the IT-infrastructure. ParStream focuses on key business scenarios in areas of search and selection, business analytics, and automatic response systems.
ParStream is a software-only solution running on standard CPU-infrastructure. ParStream is available as single server, cluster and cloud edition supporting most Linux distributions.
ParStream’s vision is to revolutionize the database market to enable real-time big data analytics. To achieve this goal ParStream is performing fundamental research and driving innovation in database technology. ParStream has been the first implementation of a database software on GPU systems awarded 2010 from Nvidia with the “One to watch” award at the GTC. In 2012 Gartner named ParStream as a Cool Vendor.
Michael Hummel and Jörg Bienert founded ParStream in 2008 after they identified a lack of database technology enabling real-time big data applications for their customers. With offices in Palo Alto, Cologne, and Paris, the company delivers big data analytics products to a growing global customer base.
Current Team (5)Update
Past Team (4)Update
Funding Rounds (2) - $13.6MUpdate
Board Members and Advisors (3)Update
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- 05/31/13 -techcrunch.com
- 08/14/12 -techcrunch.com