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funding: All content tagged as funding in NoSQL databases and polyglot persistence

RethinkDB raises an $8M Series A

Today we’re delighted to announce our Series A! We’ve raised $8M to fund development, grow the RethinkDB community, and ultimately make database tools feel indistinguishable from magic.

A long way to go, but the second step was made. Wholeheartedly congrats!

The HN thread.

Original title and link: RethinkDB raises an $8M Series A (NoSQL database©myNoSQL)


Trifacta raises $12M Series B to take the pain out of structuring messy data

Announced today by PandoDaily:

Today the company announced a $12 million Series B round of financing led by Greylock Partners, with participation from existing investor Accel Partners. Trifacta has now raised a total of $16.3 million.

Trifacta is the company founded by prof. Joel Hellerstein, prof. Jeffrey Heer, and PhD Sean Kandel and its building a data transformation solution for unstructured data.

Original title and link: Trifacta raises $12M Series B to take the pain out of structuring messy data (NoSQL database©myNoSQL)


MarkLogic Raises $25M to Keep Up Enterprise NoSQL Pitch

Jordan Novet for GigaOm annoucing another round of funding raised by MarkLogic:

On Wednesday, MarkLogic’s success was validated again, as the company announced a $25 million round of venture funding, bringing the total it has raised to $71.2 million. Sequoia Capital and Tenaya Capital led the round; CEO Gary Bloom and other MarkLogic executives also contributed.

✚ In 2010, MarkLogic made the first steps to join the NoSQL trends. Not very vigurous steps, but not shy either. Dave Kellogg (CEO of MarkLogic): We are NoSQL too

✚ As of this year, MarkLogic tries to position its product as NoSQL for enterprise. Price-wise, I have to agree.

✚ MarkLogic also tries a amore aggressive positioning in the NoSQL space: MarkLogic’s New (Aggressive) Voice

Original title and link: MarkLogic Raises $25M to Keep Up Enterprise NoSQL Pitch (NoSQL database©myNoSQL)


Neo Technology Raises Another $11mil for Neo4j Graph Database

Derrick Harris for GigaOm:

Graph database startup Neo Technology has raised another $11 million, providing more fuel to the fire of specialized databases. Whether they’re graph databases organizing data by relationships, or geospatial databases concerned with where stuff is located, everyone is trying capitalize on myriad new data sources available.

According to my calculations this brings Neo Technology at $24.1 millions ($10.6M in Sept.2011 and $2.5 in Oct.2009).

Original title and link: Neo Technology Raises Another $11mil for Neo4j Graph Database (NoSQL database©myNoSQL)


$25 Million in C Round for DataStax

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 (NoSQL database©myNoSQL)

Accel $100m Fund for Big Data, Hadoop, and NoSQL Databases

Promising times for companies in the data space:

With its new $100 million Big Data Fund, the VC firm’s offices across the globe will invest in applications that help form an ecosystem around existing big data building blocks such as Hadoop and NoSQL. […] Rather, he’s looking for companies that add to Hadoop, NoSQL, solid-state drives or other building blocks by tuning them to become easily consumable analytics engines or by creating products to help users better visualize what their data looks like. Taking it a step further, Li is also interested in applications that might not play up their big data roots at all because the underlying technologies are just a means to an end.

Original title and link: Accel $100m Fund for Big Data, Hadoop, and NoSQL Databases (NoSQL database©myNoSQL)


Hadapt Raises $9.5m Series a Financing

Speaking of funding, Hadapt, the company founded by Daniel Abadi, announced that it has closed a $9.5 million Series A round of financing led by Norwest Venture Partners (NVP) and Bessemer Venture Partners.

I haven’t heard much of Hadapt since the initial announcement, so I hope things will change.

Original title and link: Hadapt Raises $9.5m Series a Financing (NoSQL database©myNoSQL)


Basho Raises $5mil for Improving Riak

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 (NoSQL database©myNoSQL)

About the MongoLab, MongoDB DaaS, Investment

MongoLab’s offering capitalizes on two important trends we see impacting the vast majority of our portfolio companies:  the rapid adoption of the cloud deployment model and and the increasing use of “Big Data” and NoSQL tools. […] Of the many offerings in the “Big Data” and NoSQL universe, we like the fact that MongoLab has chosen to specialize in 10gen’s MongoDB.  MongoDB’s scalability (in size and read/write volume), its ability to run MapReduce jobs and its accelerating adoption among developers are all compelling aspects of the MongoDB platform.

MongoDB adoption is great.

Original title and link: About the MongoLab, MongoDB DaaS, Investment (NoSQL databases © myNoSQL)