Tesora Raises $4.5M in Funding

Tesora (formerly known as Parelastic), a Cambridge, Mass.-company building a business around Trove, an open-source database for the OpenStack crowd, raised $4.5m in funding.

Backers included Rho Canada Ventures and existing backers General Catalyst, CommonAngels, Point Judith Capital and other angel investors.

Led by Ken Rugg, founder and CEO, Tesora provides a Database as a Service (DBaaS) platform, an enterprise-class OpenStack Trove that lets administrators and DevOps use a common infrastructure to manage multiple databases and common administrative tasks like provisioning, configuration, and tuning in a unified way.

The company has raised $13.2m in total funding.



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