musings and one liners

DataStax Raises $25 Million in Third Round of Funding

Venture capital pouring into Big Data is not really slowing down… DataStax Raises $25 Million in Third Round of Funding:

DataStax today announced the completion of a $25 million C round of funding led by Meritech Capital Partners, with participation from existing investors Lightspeed Venture Partners and Crosslink Capital. This latest round of capital comes in the wake of explosive demand for DataStax, with company bookings increasing by over 400 percent in 2012. DataStax will use the funds to further enhance its Big Data platform and increase the value for current customers while driving global customer acquisition

via $25 Million in C Round for DataStax.