Aster Data Systems Explained

Teradata Aster Analytics
Industry:Advanced Analytics
Products:Teradata Aster Analytics
Fate:Acquired

Aster Data Systems was a data management and analysis software company headquartered in San Carlos, California. It was founded in 2005 and acquired by Teradata in 2011.

History

Aster Data was co-founded in 2005 by Stanford University graduate students George Candea, Mayank Bawa and Tasso Argyros.[1] It received funding from First Round Capital, Sequoia Capital, Institutional Venture Partners, Cambrian Ventures, Jafco Ventures as well as angel investors, including Rajeev Motwani, Ron Conway and David Cheriton.[2] It received its first round of funding of $5 million in 2005, a second round of $17 million in February 2009, and third round of $30 million in September 2010.[3]

Aster was mentioned in 2010 by Intelligent Enterprise' editor.[4] [5] It was ranked seventh in 2011 of venture-funded companies by The Wall Street Journal.[6] Argyros (Chief Technical Officer at the time) was listed as a technology pioneer of information technology and new media by the World Economic Forum in 2011.[7]

Teradata 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.[8] [9] The acquisition completed in April 2011.[10] In September 2011 a computer appliance version of the product was announced, with pre-configured software bundled with hardware.[11] Aster Data hosted a "Data Analytics Summit" trade show through 2012, made up of regional events.[12]

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 distribution of Apache Hadoop.[13] [14]

In October 2013, version 6 of Aster database software was announced. It supported graph database technology, and a file system that the company said was compatible with the Hadoop distributed file system.[15] [16] After Bawa left the company in 2014, he was named a young achiever by the Indian Institute of Technology Bombay (from which he graduated in 1999).[17]

In June 2014, Teradata announced a product using the R programming language.[18] In February 2015, Teradata announced an "AppCenter" using Aster technology.[19] In October, 2015 Teradata announced a set of analytics techniques and applications to run on Apache Hadoop, marketed for the Internet of things.[20] 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.

Notes and References

  1. Web site: George Candea . Dependable Systems Laboratory faculty profile . . August 12, 2011 .
  2. News: Aster Data Systems Extends Oversubscribed Series B Funding to $17 Million IVP Adds $5 Million in Additional Funding for Proven Leader in Frontline Data Warehousing . February 25, 2009 . News release . Institutional Venture Partners . August 12, 2011 . dead . https://web.archive.org/web/20111005203852/http://www.ivp.com/news_20090225.html . October 5, 2011 .
  3. News: Aster Data Raises Another $30 Million To Help Manage Big Data . TechCrunch . Jason Kincaid . September 22, 2010 . August 12, 2011 .
  4. Aster Data Honored as "Company to Watch" in the 2010 Intelligent Enterprise Editors' Choice Awards . March 8, 2010 . Aster Data . August 12, 2011 .
  5. News: Intelligent Enterprise Editors' Choice Awards 2010 . Information Week . 5 . February 11, 2010 . August 12, 2011 .
  6. News: The Top 50 Venture-Backed Companies . Wall Street Journal . March 20, 2011 . August 12, 2011 . https://web.archive.org/web/20110629113452/http://online.wsj.com/article/SB10001424052748703300904576178673309577828.html. 29 June 2011 . live.
  7. Web site: Empowering People and Transforming Society: The World Economic Forum’s Technology Pioneers 2011 . World Economic Forum . May 30, 2011 . February 19, 2017 .
  8. News: Teradata to Acquire Aster Data . News release . Aster Data . March 3, 2011 . August 12, 2011 . https://web.archive.org/web/20110719063204/http://www.asterdata.com/news/110303-Teradata-to-Acquire-Aster-Data.php. 19 July 2011 . live.
  9. News: Teradata snaps up Aster Data for $263m: Big data analytics . Timothy Prickett Morgan . March 3, 2011 . . August 12, 2011 . https://web.archive.org/web/20110628201751/https://www.theregister.co.uk/2011/03/03/teradata_buys_aster_data/. 28 June 2011 . live.
  10. News: Teradata Completes Acquisition of Aster Data: Bringing together two leaders to deliver powerful insights for organizations . News release . Teradata . April 6, 2011 . August 12, 2011 . https://web.archive.org/web/20110813072343/http://www.teradata.com/News-Releases/2011/Teradata-Completes-Acquisition-of-Aster-Data/ . August 13, 2011 . dead .
  11. News: Teradata's Aster analytic database gets appliance treatment . Chris Kanaracus . Info World . September 22, 2011 . October 25, 2011 .
  12. Web site: Data Analytics Summit: The premiere event for supercharging analytics on big data . official web site . August 12, 2011 . dead . https://web.archive.org/web/20110807234416/http://dataanalyticssummit.com/ . August 7, 2011 .
  13. News: It's happening: Hadoop and SQL worlds are converging . Tony Baer . October 26, 2012 . ZDNet . October 14, 2013 .
  14. News: Teradata Big Analytics Appliance Enables New Business Insights on All Enterprise Data . October 17, 2012 . Teradata Aster . Press release . October 14, 2013 .
  15. News: Teradata Aster gets graph database, HDFS-compatible file store . Andrew Brust . October 8, 2013 . ZDNet . October 14, 2013 .
  16. News: Teradata Aster Discovery Platform Liberates Data Scientists Around the World . October 8, 2013 . Teradata Aster . Press release . October 14, 2013 .
  17. Web site: Distinguished Alumnus Awards: Young Alumni Achiever Awards . March 10, 2014 . Indian Institute of Technology Bombay . 29 . February 19, 2017 . https://web.archive.org/web/20170220092740/http://www-old.iitbombay.org/news/final-pdf.pdf . February 20, 2017 . dead .
  18. Web site: Teradata Lifts the Limitations on Open Source R Analytics . Press release . June 26, 2014 . February 20, 2017 .
  19. Web site: Teradata Launches Next-Generation Big Data Apps . Press release . February 11, 2015 . February 20, 2017 . https://web.archive.org/web/20170211163040/http://www.teradata.com/News-Releases/2015/Teradata-Launches-Next-Generation-Big-Data-Apps/ . February 11, 2017 . dead .
  20. Web site: Breakthrough Teradata Software Pushes the Analytic Edge with Internet of Things Data . Press release . October 19, 2015 . February 20, 2017 .

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