Company Description ParsStream’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.
Proceeds Purposes 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.