HomefundingDataStax Completes $45M Series D Funding

DataStax Completes $45M Series D Funding

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DataStax, a San Mateo, Calif.-based provider of a big data platform, completed a $45m Series D funding.

The round was led by Scale Venture Partners with participation from existing investors Lightspeed Venture Partners, Crosslink Capital and Meritech Capital Partners, and new investors DFJ Growth and Next World Capital.

The company intends to use the funds for international expansion, channel growth and product development.

Led by Billy Bosworth, CEO, DataStax offers an enterprise-grade NoSQL database that integrates real-time data (with Apache Cassandra), batch analytics (with Apache Hadoop™), enterprise search (with Apache Solr™) and visual monitoring and management (with OpsCenter) to enable enterprises to leverage their data in real-time, in the context of their critical business application.
In addition to the funding, the company unveiled the latest version of its enterprise-grade product, DataStax Enterprise (DSE) 3.1., which provides developers with tools and easier deployment capabilities by allowing up to 10x more Cassandra data per node than prior versions, featuring Solr 4.3 integration and incorporating the new Cassandra Query Language (CQL) binary protocol with .NET and Java drivers.

Customers include eBay, Netflix, Adobe, Constant Contact and Ooyala, as well as 20 companies within the Fortune 100.

FinSMEs

23/07/2013

Read the company’s funding history here

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