- The founders are maths professors and they've created an 'algebra' for querying databases.
- It works on any size database, we haven't yet found a limit.
- It works on any data in any database, including unstructured data.
- It goes beyond relational databases, which are based on rows and columns, essentially giant spreadsheets.
- Usually, querying large databases can be a multi-million dollar project to create the right data sets and then the testing. No prior data modeling is required with our approach.
- We've just begun to talk to potential enterprise customers in the past six weeks.
- The CIA and Navy were our first customers and we now have pilots running at some large financial services companies.
- It can be used to power other applications. It works with standard SQL and runs in near-real time.
- You could use it to mirror any application.
- It is based on extended set theory.
- We've raised a total of $12m -- all from angels.
- We have 22 employees.
- It's expensive. Our list price is based on the size of the data and is $100,000 for the first Terabyte.
- It runs on any Linux based hardware system. Our development center is in Austin, Texas, and Dell has given us a bunch of machines to use.
- The size of the application is very small just 7 MBytes.
- I used to run RealAge, which collected lifestyle data on millions of people and recommended pharmaceuticals. I sold it to Hearst in September 2007.
- I was an investor then joined as Chairman and took over as CEO in the fall.
- We have four patents on the technology. Getting software patents is not as easy as it once used to be.
- People don't believe it. Even our own developers don't believe that it does what it does.
The Algebraix approach technology across different databases, it could become a perfect systems integrator technology.
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Please see:
Our technology | Algebraix Data, formerly Xsprada
Is The Relational Database Finally Finished? | The Virtual Circle