Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
  • AI
  • Tech
  • Cybersecurity
  • Finance
  • DeFi & Blockchain
  • Startups
  • Gaming
Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Instaclustr Gets $2m Boost in Seed Funding, Gains Foothold in the NoSQL Ecosystem

byadmin
September 15, 2014
in News

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.”

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.

Follow @DataconomyMedia

(Image Credit: Terry Wang)

Stay Ahead of the Curve!

Don't miss out on the latest insights, trends, and analysis in the world of data, technology, and startups. Subscribe to our newsletter and get exclusive content delivered straight to your inbox.

Tags: Weekly Newsletter

Related Posts

Could CTEM have prevented the Oracle Cloud breach?

Could CTEM have prevented the Oracle Cloud breach?

October 5, 2025
ChatGPT reportedly reduces reliance on Reddit as a data source

ChatGPT reportedly reduces reliance on Reddit as a data source

October 3, 2025
Perplexity makes Comet AI browser free, launches background assistant and Chess.com partnership

Perplexity makes Comet AI browser free, launches background assistant and Chess.com partnership

October 3, 2025
Light-powered chip makes AI computation 100 times more efficient

Light-powered chip makes AI computation 100 times more efficient

October 3, 2025
Free and effective anti-robocall tools are now available

Free and effective anti-robocall tools are now available

October 3, 2025
Choosing the right Web3 server: OVHcloud options for startups to enterprises

Choosing the right Web3 server: OVHcloud options for startups to enterprises

October 3, 2025
Please login to join discussion

LATEST NEWS

Could CTEM have prevented the Oracle Cloud breach?

ChatGPT reportedly reduces reliance on Reddit as a data source

Perplexity makes Comet AI browser free, launches background assistant and Chess.com partnership

Light-powered chip makes AI computation 100 times more efficient

Free and effective anti-robocall tools are now available

Choosing the right Web3 server: OVHcloud options for startups to enterprises

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy

Follow Us

  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.