EnterpriseDB Announces Strategic Investment by Red Hat

EnterpriseDB, the commercial software company supporting the PostgreSQL open source database, said on Tuesday that Red Hat has made a financial investment in EnterpriseDB.

"EnterpriseDB has clearly established itself as a leading enterprise Postgres company, which is why Red Hat has chosen to partner with and invest in the company. EnterpriseDB is also working to create customer value through a subscription support model. Clearly, this is a model we see as beneficial," said Jim Whitehurst, CEO of Red Hat, announcing the investment.

EnterpriseDB provides a range of products and services for the development, deployment and production use of PostgreSQL. EnterpriseDB's Postgres Plus products are the company's certified and tested distributions of PostgreSQL, which include value-add enterprise components, installers and professional documentation.

With this new partnership, EnterpriseDB and Red Hat said they will continue to promote open source infrastructure solutions that emphasize the advantages of using Red Hat Enterprise Linux, JBoss and Postgres Plus to deliver lower total-cost-of-ownership.

"Red Hat pioneered the adoption of open source in the enterprise with Enterprise Linux and JBoss middleware. We believe the database will be the next major area of open source adoption," added EnterpriseDB's president and CEO Ed Boyajian, who spent six years at Red Hat, and was vice president and general manager, North American sales, Red Hat, prior to joining EnterpriseDB. "Our partnership with Red Hat will accelerate the vision we share-worldwide enterprise adoption of open source IT infrastructure as an alternative to proprietary solutions."

IBM is also an investor in EnterpriseDB, having participated with other investors in EnterpriseDB's $10 million round of Series C venture capital financing in 2008.

For more information about EnterpriseDB, go here.