Deal Announcements

Aster Data Raises $5 Million Series B Funding

Thursday, February 26, 2009 5:32:00 AM PDT | VentureDeal Staff

Redwood Shores, California  --  Software company Aster Data has secured $5 million in its second round of institutional venture capital financing.

Aster takes commodity hardware and turns it into a "scalable analytic database capable of handling the most demanding data warehousing environments."

Institutional Venture Partners led the round, which included other undisclosed investors. The company did not disclose how it would use the funding proceeds.

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