Netezza Corporation - Introduction

Introduction

200 Crossing Boulevard, 5th Floor
Framington, Massachusetts 01702
U.S.A.
Telephone: (508) 665-6800
Fax: (508) 665-6811
Web site: http://www.netezza.com

Private Company
Incorporated: 2000
Employees: 90
Sales: $8.5 million (2003 est.)
NAIC: 341190 Other Computer Peripheral Equipment Manufacturing

Netezza Corporation is a private company based in Framington, Massachusetts, that makes enterprise-class data warehouse appliances. By integrating server, database, and storage in a single machine roughly the size of a refrigerator, Netezza has achieved a major improvement in the analysis of large amounts of data. What would take hours to accomplish by a general purpose computer system can be done in a matter of minutes by a specialized Netezza appliance. The least expensive of the company's products sells for $300,000, capable of holding 400 gigabytes of data, while the top-of-the-line model costs $10 million and accommodates 27 terabytes of data. A 100-terabyte machine is in the works, at which point Netezza will begin competing more directly with the major players in the data warehousing field: IBM, Oracle, and Teradata. The Netezza approach is so promising that the company has had its choice of venture capital firms through three rounds of funding.