Tech Company Financing Transactions
ParStream Funding Round
ParStream, based in San Jose, received $5.6 million from Khosla Ventures, Baker Capital and Data Collective.
Transaction Overview
Company Name
Announced On
8/15/2012
Transaction Type
Venture Equity
Amount
$5,600,000
Round
Series A
Investors
Khosla Ventures (Lead Investor) (Shirish Sathaye)
Tola Capital (Sheila Gulati)
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
170 West Tasman Dr.
San Jose, CA 95134
USA
San Jose, CA 95134
USA
Phone
Website
Email Address
Overview
ParStream'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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chuck Robbins
Chief Financial Officer
Kelly Kramer
Chief Marketing Officer
Karen Walker
Chief Technical Officer
Zorawar Singh
VP - General Counsel
Mark Chandler
VP - Operations
Rebecca Jacoby
VP - Sales
Chris Dedicoat
Browse more venture capital transactions:
Prev: 8/15/2012: OvaScience venture capital transaction
Next: 8/15/2012: Verax Biomedical venture capital transaction
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