MemSQL Gets $35M In Funding
MemSQL Gets $35M In Funding
Written by Kay Ewbank   
Monday, 27 January 2014

In-memory database specialists MemSQL, started by former Facebook engineers, has raised $35 million in venture capital funding.

The company was started in 2011 by Eric Frenkiel and Nikita Shamgunov, and the $35 million from Accel Partners and Khosla Ventures brings MemSQL's total funding to $45 million.

MemSQL is claimed to be thirty times faster than conventional disk-based databases, and runs on Linux-based industry standard x86 servers.

In the announcement about the funding, MemSQL's CEO Frenkeil stated:

“Customers are drawn to our solution because it delivers extremely fast performance on commodity hardware and has the ability to store and query multiple data formats in a single database. The result is an extremely fast Big Data solution with versatility and ease of use that lets customers see immediate ROI.”

With its version 2.5 release in November 2013, MemSQL added support for JSON (Javascript Object Notation) data format, making it possible to combine structured and JSON data into a single database that can then be queried using SQL. The company says this support optimizes MemSQL for applications that need to analyze JSON data generated by mobile apps.

The new version also ships with support for ONLINE ALTER TABLE, meaning you can make changes to your production schemas without any downtime. The new version also added support for online backup and restore with the addition of single commands to backup and restore a cluster. “BACKUP DATABASE” takes a point-in-time snapshot of data across the cluster while your read and write workloads continue to run. “RESTORE DATABASE” restores an entire distributed database. The new cluster can have a different number of nodes or different redundancy level from the original.

According to the funding announcement, current MemSQL customers include Comcast, Zynga, Shutterstock and Ziff Davis, as well as many new mid-market customers.

memsql

More Information

MemSQL

Related Articles

MemSQL - 80,000 queries per second


To be informed about new articles on I Programmer, install the I Programmer Toolbar, subscribe to the RSS feed, follow us on, Twitter, Facebook, Google+ or Linkedin,  or sign up for our weekly newsletter.

 

Banner

 


250,000 Pi Zero W Sold
05/05/2017

In nine weeks the Raspberry Pi Foundation states that it has sold 250,000 Pi Zero W single board computers. This is all the more amazing because the one Zero per order restriction is still in force. T [ ... ]



CockroachDB Production Ready
19/05/2017

CockroachDB 1.0 has been released as the first open source, cloud-native SQL database. The announcement included details of $27 million new funds invested in the company behind CockroachDB.


More News

 
 

 

blog comments powered by Disqus

Last Updated ( Monday, 27 January 2014 )
 
 

   
Banner
Banner
RSS feed of news items only
I Programmer News
Copyright © 2017 i-programmer.info. All Rights Reserved.
Joomla! is Free Software released under the GNU/GPL License.