VC: All content tagged as VC in NoSQL databases and polyglot persistence
The exciting news from yesterday are not over yet. Even if the announcement is not official, it already reached press: Basho, creators of the Riak key-value store and Riak Search, the first full text indexing solution integrated with a NoSQL database, have raised in an up round an additional $7.5mil from a private equity firm and Trifork AS, a Danish systems integrator.
Many of the new companies backing NoSQL databases that have raised funds recently were planning to use these investments to expand their technical teams. In Basho’s case, plan is to use this round mostly for expanding their marketing and sales departments. Trifork is also becoming the European distributor of the Riak database.
- Trifork signs agreement with Basho Technologies, Inc.
- Basho raises $7.5M to expand NoSQL database sales
- NoSQL consolidation begins… — Too much information
As a side note, I’m starting to learn what news embargos mean: it is the deadline that in the rush for getting eye balls is never respected. ↩
IA Ventures was founded on the belief that managing and extracting value from massive, occasionally unstructured, often real-time data sets is a competitive advantage.
We invest in talented early stage teams fueling this revolution with the development of innovative tools, technologies and analytics for managing and extracting value from big-data—both structured and unstructured.
50 mil. awaiting to be invested in Big Data companies.