Seattle database and analytics venture SpaceCurve has a new chief executive and $2.7 million for him to spend building up the company.
The new CEO is John Slitz, who was chief executive of Systems Research and Development until it was acquired by IBM in 2005. Then he became general manager of IBM’s threat, fraud and intelligence business unit. Earlier he was a marketing executive at Novell.
“As Hadoop, NoSQL and relational vendors stretch their technologies in an attempt to solve real-time big data problems for large and complex data sets, they are opening market opportunities for SpaceCurve,” Slitz said in the release. “The ability to instantaneously handle the scale and complexity of geospatial, temporal, network and machine-generated sensor data can only be solved with the new spatial-temporal database we have created that will be at the core of our new product offerings.”
SpaceCurve also announced that it raised $2.7 million further develop “big data” solutions for real-time, location-based services. The funding is from existing investors including Reed Elsevier Ventures, Divergent Ventures and Musea Ventures.
In November the company moved across Pioneer Square into larger offices to accommodate its growth.