Five Minute Briefing - Information Management
April 11, 2013
Five Minute Briefing - Information Management: April 11, 2013. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
MarkLogic Corporation, the provider of an enterprise NoSQL database platform, announced that it has closed a $25 million round of growth capital led by Sequoia Capital and Tenaya Capital, with participation from Northgate Capital. MarkLogic CEO Gary Bloom also made a personal investment in this financing round. With capital to fuel sales and marketing, MarkLogic seeks to go after the broader market of enterprise class customers while also targeting several key areas for feature expansion, Bloom told DBTA.