MemSQL Closes $36M Series C Financing

memsqlMemSQL, a San Francisco, CA-based provider of a database platform for real-time analytics, closed $36m a Series C financing.

Backers included new investors REV and Caffeinated Capital, as well as existing investors Accel Partners, Khosla Ventures, Data Collective, IA Ventures, and First Round Capital.

The company, which has raised $85m to date, intends to use the funds to accelerate growth across engineering, sales, support, and marketing.

Led by Eric Frenkiel, CEO and co-founder, MemSQL delivers a database platform for real-time analytics, which is used by global enterprises to achieve peak performance and optimize data efficiency via combined database, data warehouse, and streaming workloads in one system. In March, the company announced the general availability of MemSQL 5, a flagship release that includes analytics performance, features real-time business intelligence, and supports on-site deployment or across multiple cloud providers.



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