Clustrix Raises $10 Million In Funding
Clustrix is a company that is known as being is the leading scale-out SQL database engineered for the cloud. Clustrix makes it possible to scale transaction throughput, run real-time analytics, and simplify operations. Clustrix has raised $10 million in Series D funding. Clustrix has raised a total of $66.5 million in funding to date.
New investor HighBar Partners led this round of funding and they were joined by existing backers Sequoia Capital, U.S. Venture Partners, ATA Ventures, and Don Listwin. John Kim and Roy Thiele-Sardina of HighBar along with Mike Hodges of ATA Ventures are joining the Clustrix board of directors.
“The need for operational databases that can analyze data in real-time has never been greater with the rapid growth of new hyperscale applications in business segments such as e-commerce, online gaming and advertisement,” stated Clustrix CEO Robin Purohit. “The additional funding will allow to aggressively pursue the rapidly growing MySQL/NewSQL market with our proven scale-out database technology.”This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry