Congratulations to the Basho guys for closing an additional $5m round of funding. According to Martin Schneider “the funds will be used to make Riak an even better product. We have some seriously awesome plans for additional features, platform capabilities, cloud tools etc.”
Riak already seems like a great product to me—there’s always place for improvements though. I’d say part of the money and a tad more effort should go into making Riak a more popular product.
Details: This is the second round raised this year after the $7.5m announced in June bringing it to a total of $12.5m. The new funding comes from an inside round. Past investors in Basho have included private equity firm Georgetown Partners and Danish systems integrator Trifork AS.
Original title and link: Basho Raises $5mil for Improving Riak ( ©myNoSQL)