Hyderabad, May 6, 2013: Of the many IT start-up success stories there is a new one on the block to watch out for. Helical IT Solutions, a Hyderabad based technology company providing services in open source data warehousing and business intelligence services has bagged a seed funding of INR 2.5 million from Singapore based Citibank official within 6 months of starting operations.

The company which started in November 2012 from Hyderabad has catered to technology needs of clients in various domains including e-commerce, insurance, energy, social media analytics, healthcare and human resource while building and managing their Business Intelligence platforms.

The eight member strong team is quite excited with the fund inflow and plans to use it primarily for recruitment and partnering with leading BI vendors in the open source space such as Jaspersoft and Pentaho. They want to focus and build up their capability of providing sector specific BI offering with this fund.

Specializing in Open source technologies, Helical has proved to be a great bet for its clients cutting down on their costs and adding to their efficiency and turnover. Their services include Business Intelligence, ETL, Data warehousing and data modelling, data visualization to name a few.

About Helical IT Solutions :
Helical IT Solutions is an open source Data warehousing and Business Intelligence company based out of Hyderabad. The company works primarily on Jaspersoft and Pentaho BI suite and on talend, on Talend and Kettle. Other services provided are data visualization, data modelling, data warehousing etc.

Contact Person :
Nikhilesh Tiwari
Cell : +91-7893947676
Email : [email protected]

The companies funding news has been covered y many leading India based websites

http://www.watblog.com/2013/05/07/business-intelligence-startup-helical-it-raises-seed-funding/

http://www.vccircle.com/news/technology/2013/05/07/tech-startup-helical-raises-angel-funding-singapore-based-investor

http://www.iamwire.com/2013/05/data-warehousing-firm-helical-it-solutions-raises-angel-funding/

http://startupcentral.in/2013/05/helical-raises-seed-funding-from-spore-investor-22708/

http://www.dealcurry.com/2013057-Helical-IT-Solutions-Raises-Angel-Investment.htm

http://yourstory.in/2013/05/open-source-dwbi-company-helical-it-solutions-raises-angel-investment-worth-inr-2-5-million/

http://infotechlead.com/2013/05/07/helical-it-solutions-secures-inr-2-5-million-angel-funding/

http://www.nextbigwhat.com/helical-technology-solutions-funding-297/

http://www.dealcurry.com/2013057-Helical-IT-Solutions-Raises-Angel-Investment.htm

http://www.siliconindia.com/news/startups/Helical-IT-Solutions-raises-Rs25-million-In-Angel-Investment–nid-146582-cid-100.html

http://startupcentral.in/2013/05/helical-raises-seed-funding-from-spore-investor-22708/

1 comment

  1. Agata

    Erkules, I guess dave should exilpan in more detail, but I can answer at least a few of your questions.InfiniDB is essentially the MySQL server front-end (protocol, connections and probably query cache) patched so it includes InfiniDB column store, but also language constructs (functoins) and optimizer.Although it seems like a great idea to simply plugin a column-oriented storage engine, it just won’t work. The MySQL storage engine api is pretty much row-oriented, and I can’t see how the vanilla optimizer could realistically work with a column store. So you really need to throw in a query optimizer that understands column stores too. In addition, InfiniDB implements it’s own vertical partitioning, compression and I believe it also shreds and distributes queries – all these things are outside the responsibility of just the storage engine.Really, InfiniDB is a very thin layer of MySQL on top of an entire database system of its own.

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