[Data Day] Data analysis: Dropbox acquires Parastructure

by bold-lichterman

Dropbox has bought the Californian start-up Parastructure for an unconfirmed amount, which would oscillate between 10 and 50 million dollars. Dropbox thus hopes to consolidate in Big data and data management. If neither of the two companies has officially confirmed the information, the Parastructure website links directly to the Dropbox website.

Based in San Francisco, Parastructure was started in 2012 by Stanford graduates Salik Syed and Ryan Noon. The start-up offers companies a SaaS solution for data analysis, based on an infrastructure developed in open source. It would include Amr Awadallah, co-founder and CTO of Cloudera (who raised $ 100 million last March, ndlr), and Accel among its first investors.

Dropbox currently claims over 275 million users. The company recently raised $ 1.1 billion and increased acquisitions of start-ups such as Readmill, Zulip, Loom, Hackpad, Bubbli, Droptalk, and MobileSpan.