ParElastic, co-founded in 2010 by CEO Ken Rugg and CTO Amrith Kumar, is a Boston-based cloud data management company. It provides the ParElastic Database Virtualization Engine™, which allows multiple standard database servers to work together as a single virtual database. The engine provisions only the resources needed to satisfy application demands at any given instant, enabling workloads that exceed a single server's capabilities. The solution is aimed at high-volume database workloads such as digital gaming, eCommerce, social media applications and SaaS environments. The company strengthened its financial position with a $5.7M Series A financing led by General Catalyst Partners. As part of the financing, Larry Bohn of General Catalyst joined ParElastic’s board of directors.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2013