Amazon invests big in big data startup

Amazon.com is making what appears to be a big investment in analytic database startup ParAccel. ParAccel today announced the close of a Series E round led by Amazon, bringing the company’s total funding to $73 million. The amount of this round is undisclosed.

Startup Aims to Create Big Apps for Big Data

What if you amassed petabytes of data and then realized you had nothing you wanted to do with it? It’s not enough to hoard data hoping for patterns; to create the true promise of a big data revolution the industry needs big apps.