Overview

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Status
Acquired by on October 26, 2015
Total Equity Funding
$13.6M in 2 Rounds from 5 Investors
Headquarters:
Cupertino, CA
Description:
ParStream offers a big data analytics online platform that filters and analyzes billions of records in sub-second time.
Founders:
, ,
Categories:
Real Time, Business Intelligence, Analytics, Big Data
Website:
http://www.parstream.com
Social:

Company Details

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ParStream is the IoT analytics platform company. The ParStream Analytics Platform was purpose-built for scale to handle the massive volumes and high velocity of IoT data as well as analytics at the Edge. Enabling a new breed of analytics for the enterprise, ParStream has earned accolades including CIO Magazine #1 Big Data Startup, Gartner Cool Vendor and Database Trends and Applications Magazine’s Trend-Setting Products in Data.

ParStream's has customers throughout the world in industry segments such as Telecommunications/Service Provider, Manufacturing, Renewable Energy, Telematics, etc.

The ParStream platform includes 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 is a software-only solution running on standard CPU-infrastructure. ParStream is available as single server, cluster and cloud edition supporting most Linux distributions.

Michael Hummel and Jörg Bienert founded ParStream in 2011 after they identified a lack of database technology enabling real-time big data applications for their customers. ParStream has main offices in Cupertino, CA and Cologne, Germany along with sales/field teams throughout Europe and in Korea.

Funding Rounds (2) - $13.6M

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DateAmount / RoundValuationLead InvestorInvestors
Oct, 2013$8M / Series B1
Aug, 2012$5.6M / Series A5

Current Team (5)

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Board Members and Advisors (3)

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Competitors (2)

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  • Greenplum develops database software for business intelligence and data warehousing applications.
  • Vertica Systems develops data management solutions for storing databases and allowing clients to conduct real-time and ad hoc queries.

Offices/Locations (3)

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  • Development Center

    Grosse Sandkaul 2

    Cologne, 50667

    DEU

  • ParStream Inc. HQ

    20400 Stevens Creek Blvd.

    Suite 230

    Cupertino, CA 95014

    USA

  • France Office

    La Grande Arche - Paroi Nord

    La Défense

    Paris, 92044

    FRA

Awards (2)

Images (3)

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