FoundationDB, a Vienna, VA-based developer of data storage technology, closed $17m in Series A funding.
The round was led by Sutter Hill Ventures, with participation from CrunchFund and existing angel investors. In conjunction with the funding, Sam Pullara, Sutter Hill Managing Director, will join FoundationDB’s Board of Directors.
The company intends to use the funds to grow sales and marketing, engineering, and support for existing enterprise customers.
Founded in 2009 by Dave Rosenthal, CEO, Nick Lavezzo, and Dave Scherer, FoundationDB has built a scalable and fault tolerant database with high performance multi-key ACID transactions that supports multiple data models (graph, document, key-value, SQL, etc.) via a collection of open-source layers as well as Linux®, Mac® OS X®, and Microsoft® Windows® and includes APIs for C, Python, Ruby, Node.js and Java®.
The software can be deployed on a single machine, on a cluster in a private datacenter, or in the cloud.
FoundationDB’s Community License allows for clusters of up to six processes to be used for free, even in production, giving everyone access to high performance ACID transactions, exceptional fault tolerance, and layers.
The company has additional staff in a Boston office.
FinSMEs
12/11/2013