FoundationDB, a developer of transactional NoSQL database software that resolves ACID, has raised $17 million in Series A funding. ACID (Atomicity, Consistency, Isolation, Durability), a set of properties that guarantee that database transactions are processed reliably, is a touchstone for any NoSQL database and a major obstacle in non-relational database software becoming mainstream, according to market study NoSQL Market Forecast 2013-2018. Resolving ACID is a Holy Graal of NoSQL movement and many aspiring startups have broken their lances trying to achieve ACID levels on a par with relational databases.
Cloud security company Barracuda Networks raises about $74 million in IPO on the New York Stock Exchange selling more than 4 million shares at $18 apiece at a valuation just a bit short of one billion. Cyber security shares are in high demand and … [Continue reading]
Terascala, the developer of fast storage for HPC systems, has closed additional venture funding. Terascala fast storage appliances provide on-demand throughput at multiple gigabytes per second in the most demanding high performance computing systems. … [Continue reading]
IID, a provider of cybersecurity solutions, has raised $8 Million in Series A financing round. The ActiveTrust network by developed IID enables trusted threat intelligence collaboration for enterprises and governments. Despite continuing recession … [Continue reading]
2nd Watch, Inc., an infrastructure-as-a-service platform provider, has secured $23 million in growth financing. The company develops, deploys and manages Amazon Web Services (AWS)-based IT operations for enterprise applications. "Cloud computing … [Continue reading]