Aerospike Inc., a Mountain View, CA-based provider of real-time NoSQL data solutions, raised $32m in Series D funding.
The round was led by Triangle Peak Partners LLC with participation from existing investors NewView Capital Partners, Alsop Louie Partners and Eastward Capital Partners. As part of this investment, Triangle Peak Partners Co-founding Partner Dain DeGroff and NewView Capital Operating Partner Tim Connor will join Aerospike’s Board of Directors.
The company intends to use the funds to expand its geographic presence, develop additional data infrastructure integrations, and grow enterprise partnerships.
Led by John Dillon, CEO, Aerospike provides a patented hardware-optimized NoSQL data platform for real-time transactional and AI/ML-based applications that require machine speed and machine scale. When other legacy NoSQL databases fail to scale and break budgets, enterprises use its data platform to power mission-critical real-time applications that protect millions of consumers from fraud, process instant payments globally, power massive ad networks and enable hyper-personal customer 360 solutions.
Customers include Airtel, Baidu, Banca d’Italia, Nielsen, PayPal, Snap, Verizon Media and Wayfair.
The company has additional locations in London; Bengaluru, India; and Or Yehuda, Israel.
FinSMEs
18/11/2019