Company:Aster Data Systems

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Teradata Aster Analytics
TypePublic, Part of Teradata Corp
IndustryAdvanced Analytics
FateAcquired
Founded2005 in San Carlos, California
ProductsTeradata Aster Analytics
ParentTeradata
Websitewww.teradata.com/Teradata-Aster/overview

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][2] 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.[3] 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.[4]

Aster was mentioned in 2010 by Intelligent Enterprise' editor.[5][6] It was ranked seventh in 2011 of venture-funded companies by The Wall Street Journal .[7] 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.[8]

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.[9][10] The acquisition completed in April 2011.[2] 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.

References

  1. ↑ "George Candea". Dependable Systems Laboratory faculty profile. École Polytechnique Fédérale de Lausanne. http://people.epfl.ch/george.candea. Retrieved August 12, 2011. 
  2. ↑ 2.0 2.1 "Teradata Completes Acquisition of Aster Data: Bringing together two leaders to deliver powerful insights for organizations". News release (Teradata). April 6, 2011. http://www.teradata.com/News-Releases/2011/Teradata-Completes-Acquisition-of-Aster-Data/. Retrieved August 12, 2011. 
  3. ↑ "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". News release (Institutional Venture Partners). February 25, 2009. Archived from the original on October 5, 2011. https://web.archive.org/web/20111005203852/http://www.ivp.com/news_20090225.html. Retrieved August 12, 2011. 
  4. ↑ Jason Kincaid (September 22, 2010). "Aster Data Raises Another $30 Million To Help Manage Big Data". TechCrunch. https://techcrunch.com/2010/09/22/aster-data-funding/. Retrieved August 12, 2011. 
  5. ↑ "Aster Data Honored as "Company to Watch" in the 2010 Intelligent Enterprise Editors' Choice Awards" (Press release). Aster Data. March 8, 2010. Retrieved August 12, 2011.
  6. ↑ "Intelligent Enterprise Editors' Choice Awards 2010". Information Week: p. 5. February 11, 2010. http://www.informationweek.com/news/software/bi/222900034. Retrieved August 12, 2011. 
  7. ↑ "The Top 50 Venture-Backed Companies". Wall Street Journal. March 20, 2011. Archived from the original on 29 June 2011. https://web.archive.org/web/20110629113452/http://online.wsj.com/article/SB10001424052748703300904576178673309577828.html. Retrieved August 12, 2011. 
  8. ↑ "Empowering People and Transforming Society: The World Economic Forum’s Technology Pioneers 2011". World Economic Forum. May 30, 2011. http://www3.weforum.org/docs/WEF_TP_Brochure_2011.pdf. Retrieved February 19, 2017. 
  9. ↑ "Teradata to Acquire Aster Data". News release (Aster Data). March 3, 2011. Archived from the original on 19 July 2011. https://web.archive.org/web/20110719063204/http://www.asterdata.com/news/110303-Teradata-to-Acquire-Aster-Data.php. Retrieved August 12, 2011. 
  10. ↑ Timothy Prickett Morgan (March 3, 2011). "Teradata snaps up Aster Data for $263m: Big data analytics". The Register. Archived from the original on 28 June 2011. https://web.archive.org/web/20110628201751/https://www.theregister.co.uk/2011/03/03/teradata_buys_aster_data/. Retrieved August 12, 2011. 
  11. ↑ Chris Kanaracus (September 22, 2011). "Teradata's Aster analytic database gets appliance treatment". Info World. http://www.infoworld.com/d/data-management/teradatas-aster-analytic-database-gets-appliance-treatment-173696. Retrieved October 25, 2011. 
  12. ↑ "Data Analytics Summit: The premiere event for supercharging analytics on big data". official web site. Archived from the original on August 7, 2011. https://web.archive.org/web/20110807234416/http://dataanalyticssummit.com/. Retrieved August 12, 2011. 
  13. ↑ Tony Baer (October 26, 2012). "It's happening: Hadoop and SQL worlds are converging". ZDNet. http://www.zdnet.com/its-happening-hadoop-and-sql-worlds-are-converging-7000006455/. Retrieved October 14, 2013. 
  14. ↑ "Teradata Big Analytics Appliance Enables New Business Insights on All Enterprise Data". Press release (Teradata Aster). October 17, 2012. http://www.asterdata.com/news/teradata-aster-big-analytics-appliance-breaks-down-barriers.php. Retrieved October 14, 2013. 
  15. ↑ Andrew Brust (October 8, 2013). "Teradata Aster gets graph database, HDFS-compatible file store". ZDNet. http://www.zdnet.com/teradata-aster-gets-graph-database-hdfs-compatible-file-store-7000021667/. Retrieved October 14, 2013. 
  16. ↑ "Teradata Aster Discovery Platform Liberates Data Scientists Around the World". Press release (Teradata Aster). October 8, 2013. http://www.asterdata.com/news/teradata-aster-discovery-platform-liberates-data-scientists-around-the-world.php. Retrieved October 14, 2013. 
  17. ↑ "Distinguished Alumnus Awards: Young Alumni Achiever Awards". Indian Institute of Technology Bombay. March 10, 2014. p. 29. http://www-old.iitbombay.org/news/final-pdf.pdf. Retrieved February 19, 2017. 
  18. ↑ "Teradata Lifts the Limitations on Open Source R Analytics". Press release. June 26, 2014. http://www.teradata.com/News-Releases/2014/Teradata-Lifts-the-Limitations-on-Open-Source-R-Analytics/. Retrieved February 20, 2017. 
  19. ↑ "Teradata Launches Next-Generation Big Data Apps". Press release. February 11, 2015. http://www.teradata.com/News-Releases/2015/Teradata-Launches-Next-Generation-Big-Data-Apps/. Retrieved February 20, 2017. 
  20. ↑ "Breakthrough Teradata Software Pushes the Analytic Edge with Internet of Things Data". Press release. October 19, 2015. http://www.teradata.com/News-Releases/2015/Breakthrough-Teradata-Software-Pushes-the-Analytic-Edge-with-Internet-of-Things-Data/. Retrieved February 20, 2017. 



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