Google Ventures is pumping money into a database startup that claims it can survive datacenter outages. Here's a look at the move, plus eight other technology startups that recently raised money to fund business growth.
Let's start with Google Ventures' investment in Cockroach Labs, an open source database startup focused on automated scaling and repair, strong consistency, simplified deployments and distributed transactions. The startup's team includes veterans from Google, Microsoft Azure, Square, and several other data- or cloud-intensive businesses.
On the one hand, the database market is fiercely competitive -- filled with relational, NoSQL and in-memory options, just to name a few. But on the other hand, cloud computing and real-time applications may have sparked a need for a new approach to database resiliency...
So far, Cockroach has raised $6.25 million in seed funding.
Deals Worth Noting
Additional technology startups raising money in recent days include:
1. Colabo (San Carlos, Calif.), an automated sales engagement platform, raised $7 million from multiple backers.
2. IC Real Tech (Pompano Beach, Fla.), which develops video hardware and software solutions, raised $15 million. I'm checking on who provided the funding.
3. LaunchDarkly (San Francisco), which provides a platform that allows developers to test and optimize software, raised $2.6 million in funding from multiple backers.
4. Menlo Security (Menlo Park, Calif.), focused on cyber security, raised $25 million in Series B funding led by Sutter Hill Ventures.
5. Springbot (Atlanta, Ga.), which makes an e-commerce marketing platform for small businesses and midmarket companies, raised $6 million led by TTV Capital.
6. VideoBlocks (Reston, Va.), which provides royalty free stock video, raised $8 million led by North Atlantic Capital.
7. Virtual Software Systems (Waltham, Mass.), a cybersecurity startup, raised $2 million in seed funding from multiple backers.
8. Zentera Systems (San Jose, Calif.), which develops hybrid cloud security, raised $4.9 million in Series A funding led by CDIB Venture Capital.
Did your technology startup attract funding? Let me know. Send details to Joe@AfterNines.com.