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"ParStream, a German company that aims to revolutionize the database market to enable real-time big data analytics applications, has secured $5.6 million in a Series A funding round led by Khosla Ventures and joined by CrunchFund, Data Collective, Baker Capital, Tola Capital and a number of private investors.\r\n\r\nShirish Sathaye, a partner at Khosla Ventures, is joining ParStream as board member.\r\n\r\nOriginally founded in Cologne by CEO Mike Hummel and J\u00F6rg Bienert in 2008, the company offers a real-time platform for analyzing massive amounts of data.\r\n\r\nIts solutions are used by customers across a variety of industries, including online retail and travel, advertising, natural resource management, and scientific research.\r\n\r\nParStream is one of the companies participating in the three to six-months German Silicon Valley Accelerator (GSVA) program for German tech startups in Silicon Valley.\r\n\r\nThe company has offices in Palo Alto, Cologne, and Paris."^^<http://www.w3.org/2001/XMLSchema#string>
<http://thenextweb.com/insider/2012/08/14/big-data-analytics-startup-parstream-lands-5-6m-khosla-crunchfund-others/>