Wednesday, February 9, 2011

Algebraix Data Ups Funding To $7.5M

San Diego-based Algebraix Data, a developer of analytics focused database software, has upped its most recent funding to $7.5M, according to a regulatory filing from the firm this week. No details on the new funding have been announced by the company. Algebraix recently announced a new patent for the firm in the area of computer databases. The firm says its database is self-managing and self-optimizating, and provides a 300x faster response rate than standard relational databases. More information »

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