QUICK FACTS

HEAD OFFICE

20400 Stevens Creek Blvd.
Suite 230
Cupertino, CA 95014
United States

COUNTRIES SUPPORTED

France, Germany, United States

LANGUAGES OFFERED

English, German

category

CATEGORIES

Big Data, Analytics, Databases, Business intelligence

INDUSTRIES

E-commerce, Electronics, Financial Services, Public sector and governments, Retail, Telecom, Travel, leisure and hospitality

PRICING

Subscription

Free Trial

One-time license

Freemium

SIZE OF CUSTOMERS

Large, Small, Medium

 
Founders:
 
Year founded:2008
Funding received: $ 13.6 million
Investors:
 
#Employees:40
Awards won:16 awards
 

Overview

ParStream is a big data analytics platform that is capable of delivering sub-second response time on terabytes of data. Launched in 2008 in Germany by Michael Hummel, CEO Joerg Bienert, CTO Norbert Heußer, Chief Architect, ParStream is able to analyse massive amounts structured and semi-structured data at high-speed. They can process all the (new) data in real-time as well as providing full data granularity analytical flexibility.

The distributed, massively parallel processing columnar database is based on a shared nothing architecture, in which each node is independent and self-sufficient and none of the nodes share memory or disk storage. The High Performance Compressed Index (HCPI) that they develop enables fast and accurate decompression of the data. ParStream does not use Hadoop as Joerg Bienert believes it is not great for real-time analytics.

Some of the key features of ParStream are that it is capable of easy querying while delivering advanced analytics, it supports multiple types of data that can be imported, transformed and indexed fast and it is fast to set-up. ParStream is capable of running on standard infrastructure, in private or public clouds as well as on premises on single servers or dedicated server clusters.

Currently ParStream is between A and B funding and in 2012 raised $ 5.6 million in funding backed by Khosla Ventures, Baker Capital, CrunchFund, Tola Capital and Data Collective. In 2013 they were named Top Big Data Startups to Watch by CIO.com and were a Red Herring Top 100 Europe winner. In 2012 they won the

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