Basho Technologies, a Herndon, VA-based developer of a distributed NoSQL database, closed a $25m Series G funding.
The round was led by existing investor Georgetown Partners.
The company is using the funds to expand development and marketing activities.
Led by Adam Wray, CEO, and Dave McCrory, CTO, Basho provides a distributed NoSQL database, Riak®, and cloud storage software, Riak® CS, which are used by Web businesses and Fortune 50 to manage their critical Web, mobile and social applications, and their public and private cloud platforms.
Riak software and Riak CS software are available open source.
Founded in 2008, the company currently serves enterprises in a variety of industries, including advertising, financial services, gaming, retail and healthcare.
FinSMEs
13/01/2015