[2][3] It was officially incorporated in February 2006, founded by Barry Zane who became chief technology officer, Tom Clancey as interim-CEO, and was first funded by angel investors.

In 2007 the company was based in San Diego, California, with an office in Ann Arbor, Michigan.

David J. Ehrlich was chief executive, and Bruce Scott, vice president of engineering.

[5] In December the company opened an office in Cupertino, California (part of Silicon Valley).

[12] In December 2012, the Amazon Redshift database service was announced (and generally available in early 2013) using ParAccel technology.

ParAccel implements compiled queries, and a proprietary interconnect protocol for inter-node communications.