VoltDB, a Bedford, Mass.-based enterprise-grade data platform that meets the real-time streaming data requirements of 5G-powered applications, raised $10m in series C funding.
The backers were not disclosed.
The company intends to use the funds to expand globally.
Led by David Flower, CEO, VoltDB provides a data platform designed to support mission critical applications at the intersection of 5G and stream processing, in a cloud native deployment. Its integrated smart streaming capabilities in a single platform enable enterprises and industrial organizations to bring the benefits of real-time decision making supported by machine learning closer to the edge. By combining context, real-time analytics, low latency and strong consistency for 5G data streams, the platform enables enterprises to execute and act on sophisticated decisions in milliseconds.
VoltDB was founded by a team of database experts, including Dr. Michael Stonebraker, winner of the ACM Turing award.