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Cognex Corp. co-founder Marilyn Matz is starting a new company, working with serial tech entrepreneurs Michael Stonebraker and Andy Palmer to spin a commercial enterprise out of an open-source academic research database project.
Waltham-based Zetics Inc. hopes to become the Red Hat of a community of developers and researchers that has grown up around SciDB, an open-source database management system for scientific research, co-founded in 2008 by Stonebraker, Palmer and three other researchers.
In a January open letter, Matz, Stonebraker and co-founder Jacek Becla introduced Zetics Inc. and its plan to become the financial engine for the SciDB project, which until now has relied “solely on volunteers.” SciDB, formed to meet the large-scale analytics needs of scientists, will now do the same for enterprise customers, the three said.
“We’re…focused on heavy analytics for Wall Street,” Stonebraker said in an interview this week. “Genomics (is) another very, very hard analytical problem.”
Matz, who co-founded Cognex in 1981 with MIT lecturer Robert Shillman and fellow graduate student Bill Silver, left the Natick-based vision systems company in October 2008, to begin working on Zetics. She declined to share further details of the company’s plans, beyond saying Zetics will seek to commercialize the technology that’s being developed by SciDB.
Matz said Zetics is venture-backed but declined to name the VC investors or say how much they have invested.
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