Just months after closing a $19.6 million Series E
round
led by Hillman Co., joined by Adams Capital
Management, Focus Ventures, Venrock Associates, Intel Capital, Jafco
Ventures and Palomar Ventures, data warehousing appliance startup
DATAllegro Inc.
announced
today that it will sell out to Microsft Corp. [
MSFT] for an undisclosed
amount. DATAllegro had raised a total of more than $63 million since
its formation in 2003 to develop a product that combines low-cost
storage technology with proprietary software for clustered computing
power to help companies boost business analytics capabilities.
Microsoft will integrate DATAllegro's products with its Microsoft SQL
Server 2008 product for business intelligence and data warehousing, and
the addition of the company will enhance SQL Server's position in the
highest end of the market. DATAllegro's appliances are aimed at large-volume data warehouses containing hundreds of terabytes
built on commodity hardware, which will make it easy to integrate with
SQL Server, according to the company. Microsoft expacts to retain most
of DATAllegro's team at its headquarters in Aliso Viejo, Calif.
-- Clifford Carlsen
See May 1 Tech Confidential story
See July 24 press release from DATAllegro Inc.
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