Aster Data Systems was a

data management Data management comprises all disciplines related to handling data as a valuable resource. Concept The concept of data management arose in the 1980s as technology moved from sequential processing (first punched cards, then magnetic tape) to r ...

and

analysis Analysis ( : analyses) is the process of breaking a complex topic or substance into smaller parts in order to gain a better understanding of it. The technique has been applied in the study of mathematics and logic since before Aristotle (38 ...

software company headquartered in

San Carlos, California San Carlos (Spanish for "St. Charles") is a city in San Mateo County, California, United States. The population is 30,722 per the 2020 census. History Native Americans Prior to the Spanish arrival in 1769, the land of San Carlos was occupi ...

. It was founded in 2005 and acquired by

Teradata Teradata Corporation is an American software company that provides cloud database and analytics-related software, products, and services. The company was formed in 1979 in Brentwood, California, as a collaboration between researchers at Caltech a ...

in 2011.

History

Aster Data was co-founded in 2005 by

Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...

graduate students George Candea, Mayank Bawa and Tasso Argyros. It received funding from

First Round Capital First Round is a venture capital firm that specializes in providing seed-stage funding to technology companies. Founded by Josh Kopelman Joshua Kopelman is an American entrepreneur, venture capitalist, and philanthropist. Kopelman is best k ...

Sequoia Capital Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California, and specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. , Sequoia's total a ...

Institutional Venture Partners Institutional Venture Partners (IVP) is a US-based private equity investment firm focusing on later-stage venture capital and growth equity investments. IVP is one of the oldest venture capital firms, founded in 1980. History While Reid W. Denn ...

, Cambrian Ventures,

Jafco Ventures , abbreviated as JAFCO is a investment holding company headquartered in the Toranomon district of Minato-ku, Tokyo, Japan. It is listed on the First Section of the Tokyo Stock Exchange. JAFCO is considered to be the oldest as well as largest Ven ...

as well as

angel investor An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or owners ...

s including

Rajeev Motwani Rajeev Motwani (Hindi: राजीव मोटवानी , March 24, 1962 – June 5, 2009) was an Indian American professor of Computer Science at Stanford University whose research focused on theoretical computer science. He was an early ad ...

Ron Conway Ronald Crawford Conway (born March 9, 1951) is an American venture capitalist and philanthropist. He has been described as one of Silicon Valley's "super angels". Early career Conway graduated from San Jose State University with a bachelor's de ...

and

David Cheriton David Ross Cheriton (born March 29, 1951) is a Canadian computer scientist, mathematician, billionaire businessman, philanthropist, and venture capitalist. He is a computer science professor at Stanford University, where he founded and leads the ...

. It received its first round of funding of $5 million in 2005, then a second round of $17 million in February 2009, and third round of $30 million in September 2010. Aster was mentioned in 2010 by Intelligent Enterprise' editor. It was ranked seventh in 2011 of venture-funded companies by ''

The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

''. Argyros (Chief Technical Officer at the time) was listed as a technology pioneer of information technologies and new media by the

World Economic Forum The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...

in 2011.

had acquired an 11 percent ownership interest in Aster Data Systems in September 2010. On March 3, 2011, Teradata agreed to pay an additional $263 million for the remaining ownership interest, net of debt and other expenses. The acquisition completed in April 2011. In September 2011 a

computer appliance A computer appliance is a home appliance with software or firmware that is specifically designed to provide a specific computing resource. Such devices became known as ''appliances'' because of the similarity in role or management to a home ap ...

version of the product was announced, with pre-configured software bundled with hardware. Aster Data hosted a "Data Analytics Summit" trade show through 2012, made up of regional events. In October 2012, Aster announced a second version of its appliance. In addition to the Aster database software, another appliance was available with nodes running the

Hortonworks Hortonworks was a data software company based in Santa Clara, California that developed and supported open-source software (primarily around Apache Hadoop) designed to manage big data and associated processing. Hortonworks software was used to b ...

distribution of

Apache Hadoop Apache Hadoop () is a collection of open-source software utilities that facilitates using a network of many computers to solve problems involving massive amounts of data and computation. It provides a software framework for distributed storage ...

. In October 2013, version 6 of Aster database software was announced. It supported

graph database A graph database (GDB) is a database that uses graph structures for semantic queries with nodes, edges, and properties to represent and store data. A key concept of the system is the ''graph'' (or ''edge'' or ''relationship''). The graph relat ...

technology, and a file system that the company said was compatible with the Hadoop distributed file system. After Bawa left the company in 2014, he was named a young achiever by the

Indian Institute of Technology Bombay The Indian Institute of Technology Bombay (IIT Bombay or IITB) is a public research university and technical institute in Powai, Mumbai, Maharashtra, India. It is considered as one of the best engineering universities in India and is top ranke ...

(from which he graduated in 1999). In June 2014, Teradata announced a product using the

R programming language R is a programming language for statistical computing and graphics supported by the R Core Team and the R Foundation for Statistical Computing. Created by statisticians Ross Ihaka and Robert Gentleman, R is used among data miners, bioinform ...

. In February 2015, Teradata announced an "AppCenter" using Aster technology. In October, 2015 Teradata announced a set of analytics techniques and applications to run on

, marketed for the

Internet of things The Internet of things (IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other comm ...

. In 2016, Aster Analytics was made available on Amazon AWS Marketplace for self-service, DIY customers. It became available at Microsoft Azure Marketplace in 2017

References

{{Reflist Data warehousing products 2005 establishments in California Companies based in San Carlos, California American companies established in 2005 Teradata 2011 mergers and acquisitions