DataStax Raises $25M in Series C Funding

Funding Rounds

▤ Summary

DataStax, a San Mateo, CA-based provider of the open source database management system Apache Cassandra, has raised a $25m in Series C funding.The round was led by Meritech Capital Partners, with participation from existing investors Lightspeed Venture Partners and Crosslink Capital.The company, which has raised $38.7m to date, intends to use the capital to further enhance its Big Data platform and while increasing global customer acquisition.Led by Billy Bosworth, CEO, DataStax provides Big Data platform Apache Cassandra™, which uses Cassandra, Solr™ and Hadoop™ technologies to enable continuous availability, deep analytics, real-time search and high-velocity throughput needed in today’s business environment.Customers include Netflix, Pearson Education, and Constant Contact, among others.

$ Funding

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Amount $25.0M Total raised
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Date October 1, 2012 Announcement date
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Investors Meritech Capital Partners, DataStax, Crosslink Capital Lead investors
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Company http://www.datastax.com Funded company

▥ Classifications

industries
No industries detected
applications
Web and Content Management

◇ AskAI Classifications

Labels
Cloud Computing Database Management Software as a Service (SaaS)

▦ Linked Companies

DataStax
$100M to $250M