This article was published on August 27, 2012

NoSQL database Aerospike bags Series B funding, IBM advisor and unleashes free community offering


NoSQL database Aerospike bags Series B funding, IBM advisor and unleashes free community offering

It’s one heck of a week for Aerospike, the company known for its real-time NoSQL database. It’s raised Series B funding, taken on IBM Fellow Don Haderle as an advisor, launched a free community edition and acquired Alchemy Database (AlchemyDB).

New Enterprise Associates (NEA) has led the Aerospike funding round and was joined by existing investors Draper Associates and Alsop Louie Partners. The amount in this round remains undisclosed.

In conjunction with the Series B round of financing, Rohini Chakravarthy, NEA partner, joins the Aerospike board of directors.

The company says that the latest cash injection will “accelerate the company’s global sales, marketing and support initiatives, as well as rollout new product innovations to address the enterprise demands for more reliable and responsive solutions to their big data challenges.”

The <3 of EU tech

The latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!

The addition of Don Haderle as an advisor will no doubt strengthen the company’s offerings. You may already know that Haderle established advanced technologies for IBM database management systems.

Aerospike plans to integrate features from AlchemyDB, the first database to combine SQL, NoSQL, document store, and graph database technology. The AlchemyDB team, led by founder Russell Sullivan, is leading the integration efforts that will bring together NoSQL technology with enterprise data management capabilities.

With the launch of the free Aerospike community edition on Wednesday, developers will be able to start with a free unlimited license designed for environments that only need to support a single cluster of up to two nodes within one data center and require storage of up to 200 GB of data. From there the agreement can be migrated to an enterprise account as demands and usage grow.

Aerospike, originally known as Citrusleaf, was founded in 2009 by Brian Bulkowsi and Srini V. Srinivasa. As database industry veterans, the founders were frustrated what was available to them and set the goal of building the first data storage and management system with the ability to handle real-time big data at both blazing speed and infinite scale.

Now, with cash in the bank for accelerated sales, a new heavyweight advisor who will no doubt have guidance on future growth and advancing database technologies as well as a community offering, we expect we’ll be hearing a lot more from Aerospike as it continues to grow.

Get the TNW newsletter

Get the most important tech news in your inbox each week.

Also tagged with