ParStream, the IoT analytics company, announced today that it has been selected as the winner of the GABA Startup and Innovation Award for 2015

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ParStream, the IoT analytics company, announced today that it has been selected as the winner of the GABA Startup and Innovation Award for 2015.

ParStream, the IoT analytics company, announced today that it has been selected as the winner of the GABA Startup and Innovation Award for 2015. GABA, the German American Business Association, is a non-profit organization that cultivates international professional business community contribution and networking among German-American and Californian business and tech communities.

The annual Startup and Innovation Award identifies companies that have a significant impact on German-American business and exhibit substantial success in market share, revenue, name recognition, and funding. Members of the organization partake in a various business ventures including high-tech and life science firms, bankers, venture capitalists, insurance, government officials, attorneys, and entrepreneurs.

“ParStream is an excellent examples of how German companies can be successful in California with dedication, innovation and great German engineering,” said Caroline Raynaud, executive director of GABA.

“We are honored to be selected for this award and join a distinguished list of past winners,” said Joerg Bienert, co-founder and COO. “ParStream promises to bring cutting-edge solutions to our customers as we continue to invest in R&D and drive innovation in IoT analytics.”

SAP Founder Dr. Hasso Plattner will also receive the Lifetime Achievement Award. Previous winners of the award include Andreas Bechtolsheim, Arista Networks and Sebastian Thrun of Udacity. The award will be presented on January 23, 2015 at the GABA Gala 2015.

About ParStream

ParStream is the IoT analytics platform company. The ParStream Analytics Platform was purpose-built for scale to handle the massive volumes and high velocity of IoT data. Enabling a new breed of analytics for the enterprise,ParStream has earned accolades including CIO Magazine #1 Big Data Startup, Gartner Cool Vendor and Database Trends and Applications Magazine’s Trend-Setting Products in Data. ParStream is based inSilicon Valley, online at http://www.ParStream.com and on Twitter @ParStream.

About GABA

GABA is a member-driven non-profit organization that fosters transatlantic knowledge-sharing and networking among German-American and Californian business and tech communities. GABA’s Advisory Council consists of Sun Co-
Founder Andy Bechtolsheim, GoogleX Founder Sebastian Thrun, Dirk Kanngiesser (German Accelerator), and German Consul General Stefan Schlueter,. GABA is dedicated to encouraging German-American business and trade. Our programs address critical business, technical and leadership issues, with specific industry programs focused on life science, semiconductors, venturecapital, and legal corporate governance, among others. GABA is proud to serve
more than 10,000 members in their network.

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