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Aster Data Collects $30 Million Series C Funding

Friday, September 24, 2010 5:29:00 AM PDT | VentureDeal Staff

San Carlos, California  --  Software company Aster Data has secured $30 million in its third round of institutional venture capital investment.

Aster Data says that its software transforms off-the-shelf commodity hardware into the ability to handle highly demanding data warehousing environments.

Investors in the round included Sequoia Capital, JAFCO Ventures, Institutional Venture Partners and Cambrian Ventures. The company said it would use the financing proceeds to scale its operations.

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