DataStax Raises $45 Million in Series D, Total at $84 Million

Based in San Mateo, CA, DataStax, Inc., the company that powers the online applications that transform business, announced the completion of a $45 million series D funding round led by Scale Venture Partners with participation from existing investors Lightspeed Venture Partners, Crosslink Capital and Meritech Capital Partners, and new investors DFJ Growth and Next World Capital.

DataStax will use the investment to further its international expansion, channel growth and product development.

"The evolution of enterprise applications and rise of big data has eclipsed traditional database capabilities and provides an opening for a significant new market entrant," said Andy Vitus, partner, Scale Venture Partners. "DataStax is poised to disrupt the traditional RDBMS market and has already demonstrated significant momentum – signing an enviable list of enterprise customers, expanding into Europe, and unveiling innovative releases that make the product easier to adopt, deploy, and manage. We look forward to working with the team to further accelerate their expansion as they address this large and growing market."

DataStax sells an enterprise-grade NoSQL database that seamlessly and securely integrates real-time data with Apache Cassandra, batch analytics with Apache Hadoop, enterprise search with Apache Solr and visual monitoring and management with OpsCenter. The integration allows enterprises to leverage their hot data in real-time, in the context of their critical business application.

DataStax customers include eBay, Netflix, Adobe, Constant Contact and Ooyala, as well as 20 companies within the Fortune 100.

"Our Cassandra-based platform is far and away the best solution for powering online applications that must remain available at all times and scale to tremendous levels," said Billy Bosworth, CEO, DataStax. "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."

Unveils New Enterprise Software
Enables Easier Migration to NoSQL Databases
DataStax also announced the latest version of its enterprise-grade product, DataStax Enterprise (DSE) 3.1. The version increases developer ease-of-use to shorten the product development lifecycle and provides scalability and simpler manageability. DSE 3.1 provides developers with more powerful tools and easier deployment capabilities by allowing up to 10x more Cassandra data per node than prior versions, featuring Solr 4.3 integration and incorporating the new Cassandra Query Language (CQL) binary protocol with .NET and Java drivers.

DataStax recently announced that dozens of companies have migrated from traditional Oracle relational database management systems (RDBMS) to DataStax, citing scalability, disaster avoidance and cost savings as key criteria. DSE 3.1’s feature set allows developers accustomed to relational database systems to make a smooth transition to NoSQL technology as they create next-generation applications that relational databases such as Oracle cannot support.