Unlike other data warehousing solutions, Infobright can easily scale to handle very large amounts of data while providing high performance for extremely complex workloads, the company says. Infobright allows businesses to quickly respond to changes in the market without custom database tuning. Infobright's software-only solutions offer customers flexible hardware choices and are self-managing and easy to administer, resulting in unrivaled total cost of ownership, says the company.
Infobright's customers include Royal Bank of Canada, TrueNorth Corporation and BlueLithium. Infobright also recently announced a co-selling agreement with MySQL.
"Customers need a high performance data warehouse solution that can not only analyze terabytes of data but also allows them to rapidly react to changes in their business," said Infobright CEO Miriam Tuerk. "Our focus has been to provide a highly flexible solution that helps our customers become more agile."
"Business analysts need a faster way to analyze vast amounts of data." said Rob Antoniades, managing director, RBC Technology Ventures. "Infobright helps customers get the answers they need, when they need them."
"Traditional data warehousing solutions are extremely complex to administer to ensure high performance and often lock customers into a proprietary hardware platform," said Chip Hazard, general partner, IDG Ventures. "With its unique approach Infobright dramatically changes the performance and economics of analytic data warehousing."
About Infobright, Inc.
Infobright helps to relieve the performance problems, complexity, and high costs associated with making more data warehouse information available to executives for trending, forecasting and ad-hoc analysis. Complementing existing investments in Oracle, Teradata, and others, Infobright delivers a simple, self-administrating solution that does not add to an already complex, expensive data warehouse environment. For more information please visit Infobright.
About RBC Technology Ventures
RBC Technology Ventures Inc. is a wholly-owned subsidiary of Royal Bank of Canada. Royal Bank of Canada (TSX, NYSE: RY), and its subsidiaries operate under the master brand name of RBC. Formed in 1997, the firm's activities include direct investments in software technology companies throughout North America. Investment activity is focused on selected high growth, emerging sectors in North America, where a significant level of scientific, technological and entrepreneurial expertise and nurturing are needed to accelerate ideas into market-ready companies. For more information please visit Royal Bank.
About IDG Ventures Boston
IDG Ventures Boston is an independent partnership that enables entrepreneurs to grow innovative, global companies. With $280 million under management, the firm is focused on investing in early stage information technology and life sciences companies and is led by a team with more than half a century of combined experience in venture capital. IDG Ventures Boston is affiliated with the IDG Ventures network of funds, a global $1+ billion network of independently managed funds spanning Asia and North America. For more information, visit: IDG Ventures.
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