PORTSMOUTH, N.H.--(BUSINESS WIRE)--Deep Information Sciences, Inc. (Deep) made its debut today with the introduction of its groundbreaking new general purpose database, DeepDB, and the announcement of $10 million in Series A funding to support the company’s strategy to transform the Big Data market. Enabling simultaneous transactions and analytics in real time on the same data set, DeepDB brings unprecedented scale, simplicity and speed to data-driven decision making at large organizations.
With Big Data poised to be a $16.9 billion market by 2015 according to IDC, organizations are increasingly reliant on the right IT infrastructure to manage the data that informs strategic decisions. As a result, IT decisions no longer rest solely with the CIO but are increasingly a collaborative effort between CEOs, CMOs and heads of IT.
Deep answers the needs of this evolving market with DeepDB, which has been built to support data-driven decision making at the highest levels of the enterprise.
The company’s Series A investors include Robert Davoli, Stage1 Ventures, Cabletron Co-Founder Robert Levine, Chamberlain & Steward and Alessandro Piol, as well as a group of angel investors.
Deep leadership team
At the helm of Deep is a team of experienced entrepreneurs and technologists, including:
- Chairman Jack Boyle, former CEO of Arbor Networks
- CEO and Co-Founder Kurt Dobbins, the former chief technology officer of IP Services Arbor Networks and founder of Ellacoya
- Chief Operating Officer and Co-Founder Phil Bedard, the former head of operations at Arbor Networks and Ellacoya
- Chief Technology Officer and Co-Founder Jason Jeffords, who was a vice president of engineering at Integral Access and the architect of Whaleback
- Chief Scientist, and Deep database architect Thomas Hazel, who previously served as the chief architect of Akiba and Virtual Iron
- Vice President of Product Management and Strategy Mike Skubisz, former chief technology officer of Cabletron and Pannaway Networks
“Deep is exactly the type of team I look for: bright, passionate people with a maniacal culture focused on big new ideas,” said Robert Davoli, successful venture capitalist and angel investor. “They are addressing the fundamental issues around performance and scale that have challenged databases for decades, and they’re coming at them from a unique perspective.”
Powerful technology
Deep enters the market with an entirely new approach to the underlying science of database architecture. The design is based on proprietary breakthroughs invented by Chief Scientist Thomas Hazel and led by CTO Jason Jeffords with a team of in-house engineers at Deep. When tested by customers in direct performance comparisons against other leading databases—using industry-standard tests—DeepDB outperformed existing databases by 10 to 100x across a wide variety of use cases. This exceptional increase in performance and scale is delivered on both dedicated or ‘bare metal’ machines as well as in cloud or virtualized environments.
“We are bringing to the market an innovative way to manage Big Data in real time,” noted Deep Co-Founder and CEO Kurt Dobbins. “Our powerful technology, combined with our leadership bench strength, positions us for a fast path to market leadership in Big Data. We look forward to the opportunity to help our customers overcome the challenges of Big Data and seize competitive advantages through a next-generation approach to data management.”
About Deep Information Sciences
Deep is unlocking new possibilities for organizations addressing Big Data challenges. DeepDB, the company’s general purpose database for Big Data and the Cloud, is a groundbreaking technology that performs simultaneous transactions and analytics in real time, on the same data set. This helps organizations to quickly see and analyze data in all parts of the business enabling faster, smarter and better decision making across the organization. DeepDB is designed to deliver measurable results for organizations including enterprises, service providers and government agencies. For more information, visit www.deep.is.