Intel Adds to Series B Funding Round for Data Warehouse Appliance Vendor
Aliso Viejo, CA – June 23, 2005 – DATAllegro, supplier of the premier price/performance data warehouse
appliance, today announced that Intel Capital has made an equity investment in DATAllegro as part of the
Series B funding announced by DATAllegro last month (see press release from 5/2/05). The Series B
round, which is now closed, was led by Adams Capital Management (ACM), and included pro-rata
contributions from Series A investors Palomar Ventures and Venrock Associates. The funding will be used
for further product development and marketing.
DATAllegro offers a data warehouse appliance that enables companies with large amounts of data to store
and query their data in order to make better business decisions. Along with the funding, DATAllegro and
Intel have also signed a collaboration agreement.
“Closing this round of funding is a milestone for the company,” said Stuart Frost, CEO of DATAllegro. "With our strong balance sheet, management team and technology, we are confident that we will be able to
meet our long term goals.”
ABOUT INTEL CAPITAL
Intel Capital, Intel’s strategic investment program, focuses on making equity investments and acquisitions
to grow the Internet economy in support of Intel’s strategic interests. Intel Capital invests in hardware,
software and services companies in several market segments, including computing, networking, and
wireless communications. For more information, visit
www.intel.com/capital <http://www.intel.com/capital>.
ABOUT DATALLEGRO™
DATAllegro offers a data warehouse appliance that provides dramatic performance improvement to large
volume data warehouses, without necessarily replacing the existing infrastructure. Using DATAllegro’s
patent-pending technology, companies can run faster and more complex queries on their data in order to
increase their business intelligence. Based in Aliso Viejo, California, DATAllegro delivers a fast, flexible
and affordable solution that allows a company’s data to grow at the pace of its business. For more
information on DATAllegro go to www.DATAllegro.com.
