Leading database management systems provider, Datastax has procured $106 million in Series E financing, facilitated by Goldman Sachs. The new round brings Datastax’s total investment to $190 million. The round was led by Kleiner, Perkins, Caufield & Byers (KPCB) with ClearBridge Investments, Cross Creek Advisors and Wasatch Funds, PremjiInvest and Comcast Ventures as additional new investors.
“DataStax is the leader in a massive shift that is underway from relational databases to more agile NoSQL data stores for new workloads,” explained Matt Murphy, a partner at KPCB. “The scalability, manageability, and cost effectiveness of DataStax is not only timely, but critical at a time when companies are rapidly building out new applications and customer experiences as a competitive advantage. We are excited about investing in the leader in this radical shift.”
Since the company’s inception in 2010, Matt Pfeil, the chief customer officer and Jonathan Ellis, the company CTO, have used Cassandra for some of the most difficult problems enterprises face today. The company has helped more than 500 global companies including Intuit, Intercontinental Hotels Group, Clear Capital, Netflix and eBay.
DataStax intends to invest towards its own growth and the developer community, now spanning 80 countries while delivering “sustainable long-term value and success to customers and partners.” The company also plans to expand its outreach in Europe, Asia and Japan through their engineering, sales and marketing teams in those regions.
