Riptano, the company behind Cassandra, has just announced a successful round A series funding of $2.7 million.
Cassandra is the clear market leader, with a strong customer base, rapidly growing developer community and best-in-class technology. Riptano is poised to become the next great database company.
While many of the NoSQL databases are open source (or at least are offering some sort of open source license), it looks like many companies backing these projects are successfully getting funded. One or two cases may not represent a trend, but the list is long enough to say that BigData and NoSQL databases have definitely captured VC’s attention.
- John Vrionis: Lightspeed Venture Partners, Riptano board member (↩)