ParElastic, a startup in the cloud data management space, is announcing $5.7 million in funding led by General Catalyst with CommonAngels, Point Judith Capital and Launch Capital, as well as angel investor Jit Saxena (founders of Netazza Software) participating. This brings the startup's total funding to $8.7 million.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/bu9ahhVr0Ck/
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