Aster Data Closes $30M Series C Financing Round

Aster Data, a San Carlos, California-based provider of big data management and advanced analytics solutions, has closed a $30m Series C round of financing.
The funding includes existing investors Sequoia Capital, JAFCO Ventures, Institutional Venture Partners, Cambrian Ventures, David Cheriton, as well as an additional new strategic investor.
Aster Data will use the new funds to accelerate growth, scale operations, and expand its global market share in the $20 billion database market.
The company’s analytic database is designed to enable organizations to store and analyze massive volumes of data. Customers include Coremetrics, MySpace, comScore, Akamai, Full Tilt Poker, and ShareThis.

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