Feeds

ACID-friendly FoundationDB joins NoSQL millionaires club

Scepticism dissolved

SANS - Survey on application security programs

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

3 Big data security analytics techniques

More from The Register

next story
Ubuntu 14.04 LTS: Great changes, but sssh don't mention the...
Why HELLO Amazon! You weren't here last time
OpenBSD founder wants to bin buggy OpenSSL library, launches fork
One Heartbleed vuln was too many for Theo de Raadt
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Got Windows 8.1 Update yet? Get ready for YET ANOTHER ONE – rumor
Leaker claims big release due this fall as Microsoft herds us into the CLOUD
Next Windows obsolescence panic is 450 days from … NOW!
The clock is ticking louder for Windows Server 2003 R2 users
Patch iOS, OS X now: PDFs, JPEGs, URLs, web pages can pwn your kit
Plus: iThings and desktops at risk of NEW SSL attack flaw
Batten down the hatches, Ubuntu 14.04 LTS due in TWO DAYS
Admins dab straining server brows in advance of Trusty Tahr's long-term support landing
Red Hat to ship RHEL 7 release candidate with a taste of container tech
Grab 'near-final' version of next Enterprise Linux next week
Apple inaugurates free OS X beta program for world+dog
Prerelease software now open to anyone, not just developers – as long as you keep quiet
prev story

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.