Instaclustr, a startup that provides hosted and managed DataStax Enterprise and Apache Cassandra™ services, announced a first round investment offer for over $2 million in funding.
The round was spearheaded by ANU Connect Ventures, a fund manager responsible for investing in promising commercial opportunities arising out of the Australian National University research, other regional research institutions and local innovative companies according to a statement.
“We have undertaken considerable due diligence on the potential of Apache Cassandra and the demand for managed services in this space,” explained the CEO of ANU Connect Ventures, Nick McNaughton, on the occasion. “We also believe in the capability of the Instaclustr management and technical teams and consider that they are well placed to build a significant global software business.”
“Demand for Apache Cassandra has accelerated significantly over the last 18 months and so has the need for a hosted and totally managed service,” added Doug Stuart, CEO of Instaclustr. “We provide our customers with assurance that their data is being managed efficiently and effectively, enabling them to concentrate on their applications and extracting useful and valuable information from their datasets.”
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In the wake of DataStax bagging $106million clearly pointing out that Apache Cassandra and DataStax Enterprise are leading the charge in distributed database technologies. Instaclustr provides a managed service for Apache Cassandra and DataStax Enterprise in the cloud featuring “automated deployment, configuration and performance tuning, monitoring and altering and security services including backups,” and is touted as the first to provide a managed service in a NoSQL ecosystem reported the statement.
(Image Credit: Terry Wang)