Minneapolis-based entrepreneur Thomas Grabowski has ridden the tech startup train from his Minneapolis basement to the West Coast and back again, according to TECHdotMN's Jeff Pesek.
Grabowski, who helped start LogLogic in 2002, has left the company and returned to Minneapolis to team up with Jason Destefano and Peter Jordan to launch
Rapid.IO with the recent help of $1.1 million in equity, including investment from Vestbridge Partners and El Dorado Ventures.
Rapid.IO is a log analytics company that develops technology that helps businesses better utilize log data. The founders' vision is that "everyone should be able to understand their application data and � produce fast, good-looking, everyday reporting on their application's log data," according to the Rapid.IO website.
"� the complexity and volume of log data needed its own data structure," state the Rapid.IO folks. They advertise a new approach with a simple concept. "Indexing works great for Google and web pages, but not for information contained in log data."
You can find as much (if not more) information about Rapid.IO on the
Rapid.IO TECHdotMN page.