MemSQL raises $30M Series D spherical for its true-time database


MemSQL, an organization ideal identified for the true-time capabilities of its eponymous in-memory database, on the glossy time introduced that it has raised a $30 million Series D spherical, bringing the company’s overall funding to $a hundred and ten million. The spherical changed into as soon as led by GV (the firm you presumably aloof focus on with as Google Ventures) and Glynn Capital. Existing patrons Accell, Caffeinated Capital, Info Collective and IA Ventures also participated.

The MemSQL database gives a dispensed, relational database that makes employ of regular SQL drivers and queries for transactions and analytics. Its defining feature is the mix of its records ingestions technology that enables customers to push tens of millions of occasions per day into the provider whereas its customers can question the records in true time. The company lately confirmed that its tools can ship a scan price of over a thousand billion rows per 2nd on a cluster with twelve servers.

The database is on hand for deployments on the necessary public clouds and on-premises.

MemSQL lately introduced that it saw its fourth-quarter industrial reserving hit 200 % one year-over-one year boost — and that’s most frequently the receive of boost that patrons settle to seem for, even as MemSQL performs in a in reality aggressive market with so much of incumbents, startups and even open source projects. Fresh MemSQL customers embody the likes of Uber, Akamai, Pinterest, Dell EMC and Comcast.

“MemSQL has performed solid project traction by turning in a database that enables operational evaluation at uncommon velocity and scale, permitting customers to form dynamic, wise applications,” stated Adam Ghobarah, General Partner at GV, in on the glossy time’s announcement. “The company has demonstrated measurable success with its growing project buyer contaminated and we’re enraged to invest in the crew as they proceed to scale.”

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