Feeds

ACID-friendly FoundationDB joins NoSQL millionaires club

Scepticism dissolved

Top 5 reasons to deploy VMware with Tegile

FoundationDB, the database startup cooking an ACID*-compliant NoSQL, has caught the eye of investors.

The company announced today that it had landed a first round of VC funding, $17m in Series A, from investors Sutter Hill and CrunchFund.

The money will be used to fund expansion in sales and marketing, engineering and support for existing customers.

FoundationDB chief executive Dave Rosenthal – The Reg first spoke around the same time last year – said in a statement: “We see the future of database technology as combining the scale and distributed architecture of NoSQL with the power of ACID transactions.

Sutter said in a statement that it had overcome its initial scepticism about the company’s claims. The VC operation has turned, literally, into a paid-up believer.

Until now, only the pure-play NoSQL players have been landing the venture dollars.

MongoDB, which sells and supports the MongoDB document store, landed $150m last month, bringing its total venture stash to $231m since it opened its doors in 2007.

The October money was reportedly the largest ever amount put into a database startup.

MongoDB’s money came from new investors Salesforce and Altimeter Capital and existing investors Intel Capital, Red Hat, NEA, Sequoia Capital and T Row Price.

Before that, this summer, Cassandra NoSQL provider DataStax and Couchbase, backer of the Couchbase document store, raised $45m and $25m respectively.

Founded in 2009, FoundationDB came to attention with a “soft alpha” in 2012 that drew the kind of developer attention that booted it up the rankings of Hacker News.

ACID compliance is something many in the NoSQL community have willingly sacrificed for scale and new data types. ACID, though, is a core capability in relational databases, something that has made databases based on this feature from Oracle, SQL Server and IBM’s DB2 family safe enough for businesses.

In another departure from NoSQL, FoundationDB also supports different data models as opposed to having one NoSQL database per data type. The startup supports graph, document, key-value, SQL and other data types through its open-source based layers. ®

* The ACID principles:

  • Atomicity - a transaction is all or nothing
  • Consistency - only valid data is written to the database
  • Isolation - pretend all transactions are happening serially and the data is correct
  • Durability - once a transaction enters the database, it is permanently preserved through the use of logs

Choosing a cloud hosting partner with confidence

More from The Register

next story
Preview redux: Microsoft ships new Windows 10 build with 7,000 changes
Latest bleeding-edge bits borrow Action Center from Windows Phone
Google opens Inbox – email for people too thick to handle email
Print this article out and give it to someone tech-y if you get stuck
Microsoft promises Windows 10 will mean two-factor auth for all
Sneak peek at security features Redmond's baking into new OS
FTDI yanks chip-bricking driver from Windows Update, vows to fight on
Next driver to battle fake chips with 'non-invasive' methods
UNIX greybeards threaten Debian fork over systemd plan
'Veteran Unix Admins' fear desktop emphasis is betraying open source
Entity Framework goes 'code first' as Microsoft pulls visual design tool
Visual Studio database diagramming's out the window
Google+ goes TITSUP. But WHO knew? How long? Anyone ... Hello ...
Wobbly Gmail, Contacts, Calendar on the other hand ...
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.