NoSQL database provider DataStax has managed to raise $45 million (£29 million) in funding to help it expand internationally, support the open-source community and carry out further product development.
DataStax says scalability improvements and a fresh infusion of $45 million in venture capital will lure customers from Oracle Database to Cassandra.
This week on the New Tech Forum, DataStax CEO Billy Bosworth offers an incisive essay on a key difference in relational and NoSQL mindsets.
DataStax Inc. has raised $45 million in Series D funding led by Scale Venture Partners, as the company deals with increasing demand from enterprise customers and moves toward a possible initial public offering.
DataStax, the company that wants to bring down Oracle’s relational database, has scored yet more venture funding.
DataStax, a developer of services and support for the Apache Cassandra open source NoSQL database, has raised a big, $45M funding round.
DataStax Readies For IPO, Raises $45M For Modern Database Platform Suited To New Data Intensive World
DataStax will use the funding to build out globally and invest in Apache Cassandra, the NoSQL open-source project and foundation for the company’s database distributions.
DataStax CEO Billy Bosworth said he wasn’t looking to raise money but the $45 million in new funding he just got will be invaluable.
San Mateo-based DataStax, founded in 2010, sells software and services built on top of Apache Cassandra, an open source distributed database management system originally developed by Facebook that advocates say can be flexible and resilient on a global scale to an unprecedented degree.
- DataStax Enterprise 3.1.5 Now Available
- The Five Minute Interview – Engine
- DataStax Tests Enterprise-grade Cassandra Database on Google Compute Engine
- DataStax Enterprise 3.0.9 Now Available
- The Five Minute Interview – Amara Health Analytics
- 20 Red Hot, Pre-IPO Companies in 2014 B2B Tech
- The Five Minute Interview – Nexgate
- The Five Minute Interview – Shift
- The Five Minute Interview – Chill.com
- The Five Minute Interview – CodeMettle