To accommodate eBay’s explosive data growth— its data centers perform hundreds of millions of reads and writes each day—and the increasing demand to process data at blistering speeds, eBay needed a solution that did not have the typical bottlenecks, scalability issues and transactional constraints associated with common relational database approaches.
Gathering and analyzing shoppers’ behavioral data is one step towards providing customers with a superior online experience they’ll be crowing about.
As seen with the IPO of Splunk (NASDAQ:SPLK), the Big Data industry is certainly red hot. But what are early-stage operators doing — especially with monetizing things?
“Steve Jobs taught us all that a vision can be realized even in the face of seemingly insurmountable odds. The game is never over.
Last week, I met up with DataStax CEO Billy Bosworth, and he talked about the new opportunity he sees in the database business.
This week DataStax announced a $25 million C round, which was led by Meritech Venture Parnters. The company is a fast-growing player in the hot Big Data market, which is benefiting from megatrends like mobile, the cloud and social networking.
DataStax, which makes a commercial version of the highly scalable Apache Cassandra database, raised $25 million in Series C funding as the amount of data that organizations are trying to analyze continues to explode.
DataStax, a startup that wants to bring down Oracle’s relational database, has pulled in $25 million in venture capital funding. The company’s pitch is that unlike the relational database, it is equipped to handle higher velocity and volumes of data.
Today San Mateo, CA-based big data company DataStax announced it has raised $25 million in C round of funding led by Meritech Capital Partners, with participation from previous investors Lightspeed Venture Partners and Crosslink Capital.