Sqrrl, a Cambridge, MA-based developer of secure database software for Big Data applications, raised $5.2m in Series A financing.
The round was led by existing investors Atlas Venture and Matrix Partners.
The company intends to use the funds to further develop and commercialize Sqrrl Enterprise.
Led by Mark Terenzoni, CEO, Sqrrl provides Sqrrl Enterprise, a NoSQL database for real-time Big Data applications powered by the open source database called Apache Accumulo. It has fine-grained security controls and supports a diverse set of analytics, including graph, SQL, statistics, and full-text search.
The database is currently deployed at security-conscious organizations in Government, Financial Services, Healthcare, Telecommunications, and Energy industries.
Today the company is shipping Release 1.2 of Sqrrl Enterprise.
20/08/2012: sqrrl Closes $2M Seed Funding