Feeds

MemSQL bods develop new transaction: $35m now in-pocket

Upstart slurps Silicon Valley sugardaddy cash for database expansion

The essential guide to IT transformation

The in-memory former-Facebook database jockeys at MemSQL have taken in $35m in valley lucre.

The series-B funding round was announced on Wednesday and saw Accel Partners lead an investment round in the database technology.

MemSQL's in-memory database is designed to run on scale-out commodity hardware, and pulls off various tricks to cut the time its system takes to parse a query. It supports structured and semi-structured data, and admins can use SQL to query JSON data.

The company was founded by former Facebook engineers Eric Frenkiel and Nikita Shamgunov in 2011. Since then it has notched up a few prominent customers, including Comcast, Zynga, Verisign, and stock-photo emporium Shutterstock.

MemSQL is one of many new relational (and non-relational) databases vying to unseat incumbent technologies from stalwarts like IBM, Oracle, and SAP. Most of these new databases have either been built by employees of some of the early-2000s breakout consumer internet giants like Google, Facebook and Amazon, or by people trying to sell to these companies.

What all of the new technologies have in common is a reliance on cheap servers and no special prescriptions for equipment (although in MemSQL's case you need to have a sufficient amount of RAM for your dataset).

This can let companies save on capital expenditures, but does tend to expose difficult management interfaces or unfamiliar techniques to its users, which can occasionally yield problems.

"There is a very distinct place for MemSQL in real-time analytics," wrote Accel Partners's chap Kevin Efrusy in a canned statement. "No executive wants to wait for insights any more, and MemSQL’s in-memory, SQL technology means they don't have to." ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Apple promises to lift Curse of the Drained iPhone 5 Battery
Have you tried turning it off and...? Never mind, here's a replacement
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Linux turns 23 and Linus Torvalds celebrates as only he can
No, not with swearing, but by controlling the release cycle
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
This is how I set about making a fortune with my own startup
Would you leave your well-paid job to chase your dream?
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.