Building on its highly successful company and product launch, ParAccel, Inc., provider of the ParAccel Analytic Database, a high-speed, low-effort, columnar database management system, announced it has received $20 million in Series B financing from three top-tier venture capital firms.

By K. Oanh Ha, San Jose Mercury News, Calif. Sep. 27--Silicon Valley companies must have a three-pronged strategy regarding China, 300 executives and investors were told at a conference of Chinese software professionals.