Aerospike Raises $32 Million Equity Round
Summary
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aerospike Inc., the global leader in next-generation, real-time NoSQL data solutions, today announced a $32 million Series D fundraising round. According to research conducted by HPE Labs in 2019, Aerospike is uniquely architected to handle extreme-scale use cases with a fraction of the cost and complexity of traditional NoSQL solutions. “ Companies are on a journey to convert unprecedented amounts of data into intelligence and push it from the core to the edge and gain a competitive advantage,” said John Dillon, CEO of Aerospike. “ Aerospike stands apart in a NoSQL market with a laser focus on the growing need for extreme scale and speed and a multiyear lead in capturing the advantages of fully optimizing all the power of modern hardware,” said Tim Connor, operating partner, NewView Capital, which has investments in ScienceLogic, Forter, Segment and Plaid. Aerospike enterprises overcome seemingly impossible data bottlenecks to compete and win with a fraction of the infrastructure complexity and cost of legacy NoSQL databases.
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