Greenplum Closes $19M

SAN MATEO. Calif. -- Greenplum, maker of the world's leading commercial open-source database for Business Intelligence (BI) and Data Warehousing, today announced that it has closed a combined $19 million equity and debt financing and named former Sun Microsystems senior executive Bill Cook as Chief Executive Officer.

A 19-year veteran of Sun Microsystems, Inc. (NASDAQ: SUNW), Bill was with the company before it went public in 1986, and starting out as an account executive, helped grow its automotive business from $1 million to more than $75 million. During his tenure at Sun, Bill held many leadership positions, most recently serving as Senior Vice President of US sales. In this position, he led a field force of 3,500 with revenues in excess of $5 billion.

"I am excited to be joining Greenplum as they have the same essential traits Sun Microsystems had in its early days -a large and growing market opportunity; truly disruptive technology; world-class talent; and a genuine passion to make a significant impact in the industry," said Bill. "Additionally, our software-only focus, open-source community-centric approach, and ability to partner with leading systems vendors to deliver turnkey solutions represent a powerful new model for the BI and Data Warehousing industry. I look forward to helping Greenplum drive adoption of its breakthrough database within the enterprise, establishing our position as a market leader, and continuing to strengthen our partnerships with great companies like Sun."

An entrepreneur at heart, Bill was Senior Vice President of Sales and Services at Penguin Computers immediately prior to Greenplum. At Penguin, he helped the company grow its business with established large enterprises. Prior to Sun, Bill held positions at Machine Vision International and Datapoint Corp. and graduated from Michigan State with a BA in business.

"Greenplum's mission to reinvent the relational database for business intelligence rather than transaction processing has found strong resonance in the marketplace," said Scott Yara, president of Greenplum. "With Bill as our CEO, and the support of such top-tier investors, we have all the right pieces in place to fulfill our vision of enabling companies to manage massive amounts of information, and make it all useful."Greenplum