Thursday, January 05, 2006

Streambase - When Now Means Right Now StreamBase(R) Systems was founded by Dr. Mike Stonebraker, a pioneer of data base research and technology for more than a quarter of a century.

Mike is the founder of three successful Silicon Valley startups and was the main architect of the INGRES relational DBMS and the object-relational DBMS, POSTGRES, developed at the University of California at Berkeley where Mike was a Professor of Computer Science for 25 years. Currently, Mike serves as the CTO of StreamBase Systems and Adjunct Professor of Computer Science at M.I.T.

From 2001 - 2003, Mike and a distinguished team of 30 professors and students from M.I.T., Brown University, and Brandeis University developed a new software platform to apply the familiarity and benefits of SQL to the processing demands of high performance real-time streaming applications, where a response is needed within milliseconds.

In 2003, StreamBase Systems was founded (original name, "Grassy Brook") to commercialize the university prototype with financial backing from two premier venture capital firms, Bessemer Venture Partners and Highland Capital Partners. In January 2005, Accel Partners led a second round of venture capital that also included Bessemer Venture Partners and Highland Capital Partners.

StreamBase Systems combines the knowledge of the academic researchers with a team of industry veterans who have a track record for developing and marketing new technologies and products that have gained broad IT industry adoption.

The company's President and Chief Executive Officer is industry veteran Barry Morris. With his strong background in building middleware and systems technology organizations, Barry leads the company in delivering products and solutions that help customers react right now to the growing volume of real-time events hitting their organizations — one of the major unaddressed challenges in the next generation of computing.

The company's core software was the result of more than four years of research, product engineering, and usability and performance testing. The product features a high performance, enterprise-class server that can be configured via a graphical interface to solve demanding real-time processing and analytical problems.