BREAKING  Vinay Samuel turned down a million-dollar contract to build Zetaris in a garage DATA  Query-in-place fabric: analyse data everywhere it's stored, all at once FUNDING  ~$30M raised, In-Q-Tel among investors CUSTOMERS  Telstra · NBN · Optus · Nokia · Melbourne Water AWARD  ACS CXO Disruptor of the Year 2019 BREAKING  Vinay Samuel turned down a million-dollar contract to build Zetaris in a garage DATA  Query-in-place fabric: analyse data everywhere it's stored, all at once FUNDING  ~$30M raised, In-Q-Tel among investors CUSTOMERS  Telstra · NBN · Optus · Nokia · Melbourne Water AWARD  ACS CXO Disruptor of the Year 2019
Founder · CEO · Zetaris

Vinay Samuel

He spent twenty years selling data warehouses to the world's biggest companies. Then he built the technology that could make them optional - starting from a garage in Melbourne.

Data virtualization Analytical data fabric AI data platform Melbourne → Palo Alto
Vinay Samuel, founder and CEO of Zetaris VINAY SAMUEL
2013
Zetaris founded
~$30M
Raised to date
14
Age he taught himself to code
4
Kids when he took the leap
The Story

Why move the data when you can just ask the question?

Vinay Samuel wrote his first lines of code at 14, on a Commodore 64, because he was pulled in by the sheer range of what the machine could be made to do. That curiosity never really switched off. It carried him through a two-decade career at some of the most influential names in enterprise data - Teradata, Greenplum, Vertica, GridMatics and Hewlett-Packard - where he held senior roles across Asia and the Pacific and became an early pioneer of event-based analytics and parallel database technology.

He was, by most measures, doing well. There was a million-dollar contract on the table. But somewhere along the way he had grown frustrated. The industry he had helped build kept solving the same problem the same expensive way: copy your data out of wherever it lives, move it into a giant central lake, then analyse it. It was slow, it was costly, and it rarely felt like innovation.

So in 2013 he turned the contract down and went into his garage in Melbourne. The idea was almost heretical for someone who had spent his career selling the old model: what if you left the data where it was and brought the question to it instead? What if disparate sources - databases, files, streams, cloud stores - could be queried together, in real time, without first hauling everything into one place?

The 30-second proof

That idea became Zetaris, and what the company describes as the world's first analytical data fabric for enterprise reporting, analytics and AI. The trouble with a genuinely new idea is that people don't believe it. Samuel tells the story of early customers who simply refused to accept the numbers. A query that took their existing systems eight hours ran on his technology in about thirty seconds. He had to prove it, live, before anyone would take it seriously.

Belief cost him. He bootstrapped with his own money, eventually putting in around three million dollars of personal funds, and at one point sold the family home to keep the product moving. He was a father of four when he made that bet. His wife, he has said, backed the risk. It is not a decision most people make lightly, and he does not pretend it was easy.

An immigrant's inheritance

Part of that appetite for risk is inherited. Samuel is a first-generation Australian. His father arrived from India in 1972 with about a hundred dollars, having left wealth behind because of government restrictions on what could be taken out. Watching that sacrifice shaped how Samuel thinks about work, significance, and the willingness to start again from very little. He has said he wants his own four children to see the same thing modeled - that meaningful work is worth taking a chance on.

The bet has paid off in the ways that get written up in business pages. Zetaris has raised roughly thirty million dollars from investors including In-Q-Tel, the venture arm backed by the US intelligence community, alongside Exto Partners, Vulpes Ventures and 72 Capital. It has been reported at a valuation north of $150 million. Its customer list reads like a directory of critical infrastructure: Telstra, NBN, Optus, Nokia, BUPA and Melbourne Water, with partnerships alongside IBM, Accenture and Ernst & Young. In 2019 the Australian Computer Society named him CXO Disruptor of the Year.

The AI turn

Samuel's timing looks better every year. As enterprises rush toward AI, they keep running into the same wall he identified a decade ago: the models are ready, but the data is scattered, messy and slow to prepare. He argues that data preparation - not the models themselves - is the real bottleneck and the major area of investment for anyone serious about AI. Zetaris has repositioned around exactly that, pitching a platform that readies data for AI projects far faster and at a fraction of the usual cost. The garage experiment has become a company built for the moment the rest of the market finally arrived at.

For all of it, he keeps a light touch. He runs a culture where people are encouraged to be, in his phrase, positively critical - to challenge each other hard and then let it go, holding strong opinions loosely so that disagreement never curdles into resentment. He credits his team and his board rather than himself. And when the week is done, he picks up a guitar. Samuel plays lead in a cover band called Rip It Up, going since 2000; one of his bandmates, a finalist on The Voice New Zealand, ended up working at Zetaris. "Never take yourself too seriously," he likes to say. "Make sure work is fun. Life is too short."

"Make data easy and accessible to everyone - cheaper, easier and faster."
VINAY SAMUEL, FOUNDER & CEO OF ZETARIS
In His Words

Five lines that explain how he works

"

Product innovation alone won't maximise the opportunity - you must innovate on the business model.

"

We had to prove it. A query that used to take them eight hours ran in just thirty seconds.

"

Hold very strong opinions, loosely.

"

Never take yourself too seriously - make sure work is fun. Life is too short.

"

I wanted to create a data virtualization solution that massively simplifies and expedites data analysis.

The Path

From marketing data to a data fabric

90s

Starts his IT career at Teradata as a data marketing expert; becomes an early pioneer of event-based analytics and parallel database technology.

00s

Senior executive roles follow: VP Asia at Greenplum, work at Vertica, CEO of GridMatics, and VP APJ at Hewlett-Packard.

2013

Turns down a million-dollar contract and founds Zetaris from a Melbourne garage, bootstrapping with his own funds.

2019

Zetaris wins the Australian Computer Society's CXO Disruptor of the Year award.

2022

Closes Series A funding as part of roughly $30M raised, with investors including In-Q-Tel.

2024

Repositions Zetaris around AI data preparation and an AI-optimized lakehouse; expands into the US from Palo Alto.

Backing & Reach

A garage idea with serious company

Funding raised~$30M
Reported valuation$150M+
Years in enterprise data20+
Personal funds invested~$3M

Investors

In-Q-Tel Exto Partners Vulpes Ventures 72 Capital

Customers & partners

Telstra NBN Optus Nokia Melbourne Water IBM Accenture EY
Watch

Samuel on analysing data everywhere it's stored

Questions

The short version

Who is Vinay Samuel?
He is the founder and CEO of Zetaris, an Australian data virtualization and analytical data fabric company he started in 2013. He previously held senior roles at Teradata, Greenplum, Vertica and Hewlett-Packard.
What does Zetaris do?
Zetaris builds an analytical data fabric that lets enterprises query and analyse data wherever it is stored, in real time, without first moving everything into a central data lake - and increasingly focuses on preparing data for AI projects.
How did he start the company?
He turned down a million-dollar contract and began building Zetaris from a Melbourne garage in 2013, bootstrapping with his own money and later putting in several million dollars of personal funds.
Who has invested in Zetaris?
Investors include In-Q-Tel, Exto Partners, Vulpes Ventures and 72 Capital, with roughly $30 million raised and a reported valuation above $150 million.
What are some fun facts about him?
He taught himself to code on a Commodore 64 at 14, plays lead guitar in a cover band called Rip It Up, and is a first-generation Australian whose father emigrated from India in 1972.