Demonstrates Union Square Advisors continued strength in providing insight and quality strategic advisory services to disruptive, emerging Cloud and Big Data companies
On December 17, 2014, Teradata Corp. (NYSE: TDC) announced the acquisition of RainStor, a privately held company specializing in big data archiving on Hadoop. The combination of Teradata and San Francisco-based RainStor builds on an existing partnership and will strengthen Teradata’s enterprise-grade Hadoop solutions and big data analytics portfolio.
RainStor provides a leading data store product that reduces the cost, complexity and compliance risk of managing enterprise data. RainStor enables organizations to add archival data store capabilities for their entire enterprise, including data stored in OLTP, data warehouses and applications, and significantly reduces conventional IT infrastructure costs for customers. The industry-leading data compression capabilities provided by Rainstor will make it considerably easier for Teradata’s customers to archive and analyze massive amounts of data, and will augment Teradata’s leadership in big data technologies.
About RainStor
RainStor is a leading provider of efficient data store that reduces the cost, complexity and compliance risk of managing enterprise data. RainStor enables its customers to efficiently manage multi-structured data sets that are fully accessible for ongoing query and analysis. RainStor solutions are deployed across financial institutions, telecom service providers and other large enterprises including 20 of the world’s largest communication providers and 10 of the largest banks and financial services organizations. RainStor is headquartered in San Francisco, CA with offices in New York, NY and Gloucester, UK. For more information, please visit www.rainstor.com
About Teradata
Teradata (TDC) helps companies get more value from data than any other company. Teradata’s leading portfolio of big data analytic solutions, integrated marketing applications, and services can help organizations gain a sustainable competitive advantage with data. Visit teradata.com.
About Union Square Advisors
Union Square Advisors LLC is a leading technology-focused investment bank that offers strategic mergers & acquisitions advice and execution, as well as agented private capital financing services. Founded in 2007, with offices in San Francisco and New York, Union Square Advisors works with leading public and private technology companies, venture capital and private equity firms across the technology landscape with a primary focus on Software, Software-Enabled Services, IT infrastructure and Internet / Digital Media. For more information on Union Square Advisors, please visit www.usadvisors.com
