funding: All content tagged as funding in NoSQL databases and polyglot persistence
I’d say that raising another $25 million from Meritech Capital Partners and with the participation of existing investors Lightspeed Venture Partners and Crosslink Capital is a good enough reason for DataStax to party.
DataStax will use the funds to further enhance its Big Data platform and increase the value for current customers while driving global customer acquisition.
Congrats to DataStax and Cassandra community!
Original title and link: $25 Million in C Round for DataStax ( ©myNoSQL)
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)