Fergie's Tech Blog

In-Q-Tel Invests in StreamBase Systems

David Hubler writes on FCW.com:

In-Q-Tel, the private venture capital firm created and funded by the CIA, has made a strategic investment in StreamBase Systems, a provider of high-performance complex event processing (CEP) software based in Lexington, Mass.

The two sides announced the investment today but did not release specific financial details.

CEP software can instantly analyze rapidly moving data without collecting it first, Hobbib [Bill Hobbib, president of marketing at StreamBase] said. “Traditional database management and architectures can’t actually keep pace with the volume and the speed of data that comes into modern intelligence systems,” he said. CEP doesn’t store data for analysis, Hobbib added. “It analyzes it right on the fly, as it is whizzing past.”

For example, he said, if a bank suddenly receives a large amount of incoming traffic from abroad using many different IP addresses, it could mean hackers are trying to break into the network.

posted by Fergie @ 2/12/2007 10:37:00 AM