DataStax Raises $115M in Funding


DataStax, a Santa Clara, CA-based real-time data company, raised $115M in funding.

The round was led by Goldman Sachs Asset Management, with participation from RCM Private Markets fund advised by Rokos Capital Management (US) LP, Singapore-based global investor, EDB Investments Pte. Ltd. and DataStax’s existing investors including Crosslink Capital, Meritech Capital Partners, OnePrime Capital and other current investors.

Led by CEO Chet Kapoor, DataStax allows any enterprise to mobilize real-time data and build the smart and scalable applications required to be a data-driven business.

The company intends to use the funds to accelerate global expansion and development of its Astra DB multi-cloud database and its Astra Streaming streaming service, which are part of its open data stack for building and running real-time applications on any cloud, at massive scale, anywhere in the world, with zero downtime.

Astra DB, which is built on the powerful open source Apache Cassandra™ database, simplifies cloud-native application development and delivers pay-as-you-go pricing with the freedom and agility of multi-cloud and open source.

Hundreds of the world’s leading enterprises, including Verizon, Audi, ESL Gaming and many more use DataStax to power real-time data to create the in-the-moment digital experiences.