Greenplum launched with the beta version of its DeepGreen open source database for enterprise-class data warehousing.  The company was established by veterans of Exodus, Oracle, Teradata, and Tandem and open source with the mission to make enterprise data as available and easy to use for business users as Web data is for consumers.

Greenplum was founded in 2003 with the merger of Metapa, a company focused on high-performance infrastructure for BI analytics solutions, and Didera a developer of a supercomputing platform for scaling database systems. The company will help enterprises in data-heavy industries like retail, telecommunications and banking, leverage open-source software and inexpensive, commodity computers to achieve 10-50X the performance at a fraction of the cost of currently available solutions.

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