Kinetica scores $50 million Series A for super-charged in-memory database solution


Kinetica’s roots as a company go back to a 2009 consulting project for US intelligence services. When they couldn’t find a solution on the market to meet the strict demands of the army and NSA to track terrorists in real-time, they decided to build it. Today, it’s an in-memory database solution that relies on commodity hardware running Nvidia GPUs to supercharge the processing.

A laundry list of Silicon Valley’s investors like the idea enough to shower the founders with an impressive $50 million Series A.

The company wants to put the power of its earlier intelligence solution into the hands of just about anyone. By running the database on cheap hardware running GPUs, it provides a way to keep the cost down and still get the speed advantage of the solution. CEO and co-founder…

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