Saturday, January 17, 2009

msnbc.com: Aster Data Systems Raises $12 Million in Series B Funding

"Aster Data Systems, a proven leader dedicated to providing the best analytic databases for frontline data warehousing, today announced it has completed a $12 million round of equity funding led by JAFCO Ventures. Joe Horowitz, Managing General Partner of JAFCO Ventures, has joined Aster's Board of Directors. Existing investors Sequoia Capital, Cambrian Ventures and First Round Capital also participated in the round.
JAFCO Ventures has a deep understanding of the data warehousing market from their previous investment in DATAllegro, which was acquired by Microsoft in 2008. This investment reinforces the domain understanding that Sequoia Capital brings to Aster, from their previous investment in Netezza, which went public in 2007."



2 comments:

Anonymous said...

good deal.

Anonymous said...

we took a look and passed. valuation...