Newsletters




Apache Cassandra Vendor DataStax Lands $106 Million in Series E Funding


Bookmark and Share

DataStax, a data management company that provides an enterprise distribution of Apache Cassandra, has scored $106 million in Series E financing. This funding, combined with the $84 million investment from previous rounds, brings the total invested to date to $190 million.

This round was led by Kleiner, Perkins, Caufield & Byers (KPCB) and includes a syndicate consisting of leading institutional, international and top-flight venture capital firms. ClearBridge Investments, Cross Creek Advisors and Wasatch Funds, which collectively manage more than $100 billion in mutual funds, as well as PremjiInvest and Comcast Ventures are additional new investors. All existing venture capital investors also participated in this round of financing. The highly round was facilitated by Goldman Sachs.

DataStax Enterprise (DSE) is a distributed database targeted at online applications that require fast performance with no downtime. Built on Apache Cassandra, DSE provides in-memory computing capabilities, enterprise-level security, integrated analytics and enterprise search, and visual management.

With this new round of funding, DataStax says it plans to continue to drive enterprise adoption and innovation in Apache Cassandra, and will further invest in the developer community, which now spans over 80 countries. DataStax also plans to continue its momentum in Europe, Asia and Japan by rapidly growing engineering, sales and marketing teams in those regions.

"Demand for DataStax is strong and accelerating as companies are realizing that in today's world you either make data the center of your business or fall far behind your competitors who do so," said Billy Bosworth, CEO of DataStax. "We have become the very fabric of the digital age and we are blazing the trail, helping to drive the future of enterprises and startups alike."

More information about DataStax is available at www.datastax.com, and more information about Apache Cassandra is available at http://cassandra.apache.org.


Sponsors