Monday, February 12, 2007

StreamBase Raises Investment from CIA-backed Fund - Lexington, MA

StreamBase Systems, a Lexington-based provider of software for data processing applications, on Monday announced that it has received an investment of undisclosed amount from In-Q-Tel, a venture capital fund operated by the U.S. Central Intelligence Agency. StreamBase was founded in 2003. The company's software helps organizations query, process, and analyze data at rates of up to hundreds of thousands messages per second. The company focuses on the federal government, military and RFID/sensor industries. Other investors in the company include Accel Partners, Bessemer Venture Partners, and Highland Capital Partners.


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