The cash is stacking up

NoSQL startup DataStax seal extra $45m for Cassandra crafting

Chris Mayer
latte-cassandra-1

The company behind the enterprise-grade version of the NoSQL database target European expansion and further product growth in relational war.

DataStax, the company looking to drive commercial adoption of
NoSQL database Cassandra, has raised a further $45m in funding.

The latest round of venture capital takes the
startup’s total to $83m since its creation in 2010, and will be
used to “fuel international expansion, channel growth and product
development.” The company opened its EMEA office earlier this year,
so further European growth is expected.

Despite being shunned by the likes of
Facebook
and
Twitter
for their storage needs, DataStax’s
enterprise-level version of the NoSQL databases has found plenty of
traction. Netflix, eBay and Adobe are all clients, as are 20
Fortune 100 companies. Although heavily focused on real-time data
with Cassandra, the company’s solutions also meld together Hadoop
batch analytics and enterprise-level search with Apache
Solr.

In a press release, CEO
Billy Bosworth
boasts that DataStax’s platform is
“far and away the best solution” for those who want to “scale to
tremendous levels,”

“Today’s funding exceeds all the capital we’ve received to date,
and we will use this investment to accelerate our international
expansion, channel growth, sales and marketing and product
development while increasing our support for the open-source
Cassandra community,” he added.

Coupled with the announcement, DataStax have
released the latest version of their enterprise-grade
product,

DataStax Enterprise 3.1,
bringing in a
number of new tools and capabilities. Solr 4.3 integration has been
added, while the Cassandra Query Language has new .NET and Java
drivers.  DataStax recognise the importance of the community
too, with the arrival of DataStax Community Edition (DSC 2.0)
expected next month, which includes new lightweight transaction
mechanisms.

The company are also
making big noises
about their features which
allow for smooth transition from relational database to
NoSQL.According to Forrester Research, the enterprise NoSQL market
will be worth $1 billion in 2017 suggesting bountiful times ahead
for any company involved in the space.

Yet Bosworth and the company know that the main hurdle
will be persuading the most antiquated companies to part with
relational databases, not just the battle against competitors like
10gen for NoSQL supremacy. The main obstacle is still
Oracle.

Latte image courtesy of yukop

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