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ParAccel

paraccel.com

Founded Year

2007

Stage

Acquired | Acquired

Total Raised

$84.5M

About ParAccel

ParAccel is an analytic platform provider delivering an environment for unconstrained analytics and opening the door for companies to accelerate, innovate and compete. ParAccel Analytic Platform combines an analytic database with extensibility and integration technology as a foundation for running big data analytics, anytime, anywhere. In August 2013, Actian spun-out SPARQL City which was part of ParAccel and funded it with $10 million. SPARQL City is a NoSQL product with a combination of open-source and commercial versions. The commercial version would be available through Actian for enterprise accounts after the spin-out. In April 2013, ParAccel was acquired by Actian. The valuation of ParAccel was undisclosed. Other terms of the deal were not released.

Headquarters Location

655 Campbell Technology Parkway Suite 215

Campbell, California, 95008,

United States

408-337-0700

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ParAccel Patents

ParAccel has filed 20 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/24/2014

4/21/2020

Database management systems, Data management, SQL, Relational database management systems, Databases

Grant

Application Date

10/24/2014

Grant Date

4/21/2020

Title

Related Topics

Database management systems, Data management, SQL, Relational database management systems, Databases

Status

Grant

Latest ParAccel News

More dollars for ‘big data!’ Stealthy ParAccel spinoff raises $10M

Aug 16, 2013

ShutterStockA startup called Sparql City just raised $10 million, according to an SEC filing. Sparql City isn’t a typical startup, as it was developed as a spinout from ParAccel and its acquirer Actian. The round was led by venture buyout firm Garnett & Helfrich Capital. Some basic information is available on the website, but the technology is still under development. According to president and CEO Barry Zane, the company has built its initial product, dubbed Sparql Base, “a high performance NoSQL/Graph data engine for unstructured data, providing operational and deep analytic capability.” The company is already making its product to customers in the pharmaceutical, life sciences, government, financial services and health verticals. An open source version is available for developers to download on the website; likely, the founders will begin offering consulting services further down the line. Development for the company began in 2011 by a San Diego and Boston-based team of massively-parallel database system engineers. Zane is a familiar face in enterprise circles, as the former cofounder and CTO of ParAccel. ParAccel was acquired this year, despite early protestations from the CEO that the company would remain a scrappy little guy. According to an email from Zane, Garnett & Helfrich’s Terry Garnett “drove the drove the investment and corporate structure” for the entity. Filed under: Big Data, Business, Cloud, Deals, Enterprise

ParAccel Frequently Asked Questions (FAQ)

  • When was ParAccel founded?

    ParAccel was founded in 2007.

  • Where is ParAccel's headquarters?

    ParAccel's headquarters is located at 655 Campbell Technology Parkway, Campbell.

  • What is ParAccel's latest funding round?

    ParAccel's latest funding round is Acquired.

  • How much did ParAccel raise?

    ParAccel raised a total of $84.5M.

  • Who are the investors of ParAccel?

    Investors of ParAccel include Actian, Walden International, Bay Partners, Mohr Davidow Ventures, Menlo Ventures and 7 more.

  • Who are ParAccel's competitors?

    Competitors of ParAccel include Couchbase and 6 more.

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