Splice Machine Raises Funding from Wells Fargo

splicemachineSplice Machine, a San Francisco, CA-based provider of the next-generation database Hadoop RDBMS, raised funding from Wells Fargo.

The amount of the deal, which adds to the $22m Splice Machine has raised through Series A and B rounds of funding, was not disclosed.

The company has also been selected for the Wells Fargo Startup Accelerator program, which is designed to explore innovation and big ideas in areas such as cybersecurity, big data, mobile, robotics, wearables, payments, and infrastructure.
During the six-month program, Wells Fargo mentors will provide guidance to Splice Machine and connect it with business and tech leaders inside the bank who are looking to solve real problems and explore new opportunities by potentially buying the Splice Machine Hadoop RDBMS.

Led by Monte Zweben, co-founder and CEO, Splice Machine provides Hadoop RDBMS, which is designed to scale real-time applications using commodity hardware without application rewrites and allow customers to power real-time applications and operational analytics, especially as they approach Big Data scale.



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