ScyllaDB, a Palo Alto, CA-based real-time big data database company, raised $25m in funding.
The round, which brought the total amount raised to date to $60m, was led by Eight Roads Ventures with participation from existing investors Bessemer Venture Partners, Magma Venture Partners, Qualcomm Ventures and TLV Partners.
In conjunction with the funding, Davor Hebel, the head of the European team for Eight Roads Ventures, will join ScyllaDB’s board of directors.
The company intends to use the funds to develop its DynamoDB-compatible API, to expand its engineering department and double its global sales and marketing team.
Led by Dor Laor, CEO, ScyllaDB provides a real-time big data database fully compatible with Apache Cassandra used by Comcast, Starbucks, Ola Cabs, Samsung, IBM, Grab, MediaMath, AppNexus, Investing.com and more companies.
The company has just launched an API that enables DynamoDB users to migrate to ScyllaDB’s free open source database.
FinSMEs
11/09/2019