Kinetica Could Boost NVidia In $70B Big Data Market

Just because you start a company and raise tens of millions of dollars to fuel it's growth, there's no guarantee you have what it takes to build a large company. In fact, some 60% of founders do not survive their Series D round of venture funding. This comes to mind in considering San Francisco-based database supplier, Kinetica. Founded in 2009, Kinetica raised $50 million in June 2017 -- bringing its total funding to $63 million. Six months later, Kinetica's board replaced the its cofounder and CEO -- Amit Vij -- with Paul Appleby, an experienced sales executive.