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Needham’s Visual IQ, data mining software developer, raises $3 Million from a group of undisclosed investors August 23, 2010

Posted by HubTechInsider in Internet Marketing, Startups, Venture Capital.
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Needham’s Visual IQ, a data mining software developer, raises $3 Million from a group of undisclosed investors.

Burlington’s Viridity software raises $8 Million in a Series B round of equity financing from Battery Ventures and North Bridge Venture Partners August 23, 2010

Posted by HubTechInsider in green technology, renewable energy, Startups, Venture Capital.
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Burlington’s Viridity software, a provider of data center energy resource management technology,  raises $8 Million in a Series B round of equity financing from Battery Ventures and North Bridge Venture Partners.

Lexington’s Tokutek, indexing software developer, raises $2.8 Million from a group of undisclosed investors August 23, 2010

Posted by HubTechInsider in Software, Startups, Venture Capital.
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Lexington, Massachusetts -based Tokutek, an indexing software developer, raises $2.8 Million from a group of undisclosed investors.

Lexington’s StreamBase Systems pioneers CEP (Complex Event Processing) database technology January 24, 2010

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Lexington’s StreamBase Systems pioneers CEP (Complex Event Processing) database technology

CEP allows users to analyze information as it streams in, a huge step up from relation databases, in which data needs to be stored before being processed. Whereas most databases can handle hunded of bits of data per second, StreamBase’s platform can process hundreds of thousands of pieces of info, or “events”, per second: emails, Facebook posts, signals intelligence, audio and video streams – or a combination.

Pair brute force processing power with realtime analysis, and you get a sense of how CEP can be useful to an intelligence agency. The platform can search for specific combinations of words or numbers, so if an al-Qaeda suspect whose email address is known started getting messages that included, say, “bomb” and “Washington” and “Martyrdom”, an alert would go off.

As terrorist operations are frequently controlled and planned via the Internet, a major commercial application of CEP database technology is the ability to tap into the stream of Internet communications data and make realtime decisions based on that information.

Mark Palmer is the President of StreamBase Systems, headquartered in Lexington, Massachusetts.

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