Congratulations to DATAllegro…and Microsoft!
I thought I’d give a big shout out to Stuart, Mark, and the rest of the DATAllegro team and congratulate them on their recently announced acquisition by Microsoft. I love to see local start-ups succeed!!! You can see the details below. To give a shameless plug for our upcoming VC in the OC on September 17th, I’d like to point out that I met Stuart Frost (CEO, DATAllegro) at the 2004 VC in the OC (when I was still at Intel) and began a dialogue that resulted Intel investing in their Series B and a great relationship between DATAllegro and Intel. See, good things can happen by attending such events 
Press Release
Microsoft to Acquire DATAllegro
Leaders in Data Warehousing Team to Provide Large
Scale Business Intelligence Solutions
Aliso Viejo, Calif. and Redmond, Wash. — Jul. 24, 2008 — Microsoft today announced that it intends to acquire DATAllegro, provider of breakthrough data warehouse appliances. The acquisition will extend the capabilities of Microsoft’s mission-critical data platform, making it easier and more cost effective for customers of all sizes to manage and glean insight from the ever expanding amount of data generated by and for businesses, employees and consumers.
“DATAllegro is a tremendously innovative company that has started to redefine the data warehouse market,” said Ted Kummert, corporate vice president of the Data and Storage Platform Division at Microsoft. “Microsoft SQL Server 2008 delivers enterprise-class capabilities in business intelligence and data warehousing and the addition of the DATAllegro team and their technology will take our data platform to the highest scale of data warehousing.”
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Blog Posting by Stuart Frost, CEO DATAllegro
DW Market Consolidation begins - with DATAllegro!
By the time you read this blog, Microsoft will have announced the acquisition of DATAllegro at their financial analyst meeting in Seattle. Read press release here
On a personal level, this marks the successful end of a twenty year journey building start-up companies. My first startup went through a very successful IPO, but didn’t end well for me emotionally or financially. After taking a bit of time off to lick my wounds, I found myself trying to find funding for a startup in the 2000-2002 period – which wasn’t much fun! But then, just as the VC community started to recover from the Internet ‘bubble’ in 2003, I came up with the vision for DATAllegro. Since that time, we’ve raised just under $65m in venture capital and created a hugely successful exit for my investors, my great team and last, but not least, me!
