ParAccel, analytical database company, raises $22M more
ParAccel, a San Diego company that has developed an analytical database that it says provides faster access to business information data, has raised $22 million in a second round of financing, VentureBeat has learned.
Investors include Bay Partners, Mohr Davidow Ventures and PacVen Walden Ventures.
Here is some of the company’s literature on its offering:
Built for Speed: Why ParAccel’s Columnar, MPP DBMS is More Efficient
- Only relevant columns are retrieved (A row-wise DBMS would pull all columnns and typically discard 80-95% of them)
- All operations are done in parallel (A non-parallel DBMS must scan all of the data sequentially)
- Adaptive compression makes disks faster, reduces decompress effect
- A memory-centric design maximizes in-memory processing
- Patent-pending innovations drive performance to unprecedented levels
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