Investors are opening up their checkbooks for infrastructure companies with proven track records. Earlier today, cloud management platform, RightScale announced that it had snagged $25 million in new round of funding. And now, San Carlos, Calif.-based Aster Data, a big data management and analytics software company is saying that it’s received $30 million in new funds from existing investors including Sequoia Capital, JAFCO Ventures, Institutional Venture Partners and a new undisclosed strategic investor. David Cheriton, an angel investor who backed Google and VMWare in the past, is investing in the company.
The identity of the strategic partner would make this round more interesting (and we are digging into it) because without this partner, Aster Data seems to be the only player without a date at the Big Data dance. EMC already snapped up GreenPlum. IBM and Netezza are tying the knot and will be fearsome competitors to Aster Data. On the upside, Aster has a new CEO, Quentin Gallivan, and it’s seen its sales double every year since 2008. The company counts MySpace, Barnes & Noble and Akamai (a AKAM) as its customers.
We wouldn’t be surprised if Hewlett-Packard or Teradata took a run at the company, which would justify the large sum of money being pumped into it.
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