Stripe acquires team behind NoSQL database startup RethinkDB
Summary
Stripe has picked up the engineering team behind the NoSQL database startup RethinkDB, ending days of speculation in forums about the company’s future. Cofounder and chief executive Slava Akhmechet once told VentureBeat: “If you can build a product that does that, there’s an order of magnitude technological advancement. In a blog post, Akhmechet said those joining the payment processing company will use their expertise to solve new problems for Stripe, while building out infrastructure for developers worldwide. The company raised $12.2 million in venture funding from a bevy of investors, including Andreessen Horowitz, Draper Fisher Jurvetson, Highland Capital Partners, SV Angel, and Webb Investment Network. If you’re interested in participating in the process to open-source RethinkDB’s products, Akhmechet said you can join the public Slack group, and updates will be posted to the company’s blog and Twitter account.
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