Splice Machine receives $15 million in funding
Splice Machine is the only transactional SQL-on-Hadoop database that was designed for real-time Big Data applications. Splice Machine has raised $15 million in funding led by Interwest Partners. Existing investor Mohr Davidow Ventures also participated in this round.
The database sits on top of the Hadoop file system, which spans across thousands of servers for holding huge volumes of data. Splice Machine analysts can inspect data with commands from the traditional SQL query language. Transactions can be undone since Splice Machine is a transactional database.
Founded in 2012, Splice Machine has raised a total of $19 million in institutional funding. Splice Machine’s database is not available for the public yet. The private beta is being used by around 10 to 20 users.
This new round of funding will be used for sales, marketing, and product development.