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$45millions more for DataStax

Holy cow! That’s a 4 followed by a 5… with no dots in between.

  1. Derrick Harris for GigaOm: NoSQL startup DataStax raises $45M to ride Cassandra’s wave:

    Cassandra’s success with such large users has to do with its ability to handle large-scale online applications that demand steady levels of performance, DataStax CEO Billy Bosworth told me. Scalability and performance have never been among Cassandra’s shortcomings, and the database is capable of replicating data across data centers. Large companies used to choose Oracle for applications that needed these capabilities, but now that NoSQL options are around and relatively mature, companies are rethinking whether the relational database model was ever really correct for some applications in the first place.

  2. Alex Williams for TC: 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. The funding also signals a potential IPO for DataStax but much will depend on the direction of the markets, said CEO Billy Bosworth in an interview yesterday. “We are building the company for that direction (IPO),” he said. “A l lot depends on external factors. Internally, the company is already starting that process.”

According to my books:

  1. This is the largest round raised by a NoSQL company. It tops 10gen’s $45mil for MongoDB.
  2. This is the 3rd largest round raised in the new data market, after Cloudera’s $65mil. and Hortonworks’s $50mil. rounds.

Original title and link: $45millions more for DataStax (NoSQL database©myNoSQL)