Instaclustr, a San Mateo, California- and Canberra, Australia-based provider of Apache Cassandra distributed database, raised over $2m in seed funding.
The round was led by ANU Connect Ventures, a fund manager that invests in promising commercial opportunities arising out of the Australian National University research, other regional research institutions and local innovative companies, with participation from DataStax and other angel investors.
The company intends to use the funds to accelerate growth and further extend capability and product features, as well as hire new people (read here). It is also establishing a startup program aimed at complementing DataStax’s investment in new ventures.
Led by Doug Stuart, CEO, Instaclustr delivers hosted and managed DataStax Enterprise and Apache Cassandra™ services.
Apache Cassandra is an open source distributed database management system designed to handle large amounts of data across many commodity servers, including automated deployment, configuration and performance tuning, monitoring and altering and security services including backups.
It offers support for clusters spanning multiple data centers, with asynchronous masterless replication allowing low latency operations for all clients.
FinSMEs
12/09/2014