Clustrix, the top scale-out SQL database contrived for the cloud, was granted a $10 million Series D financing by HighBar Partners. The said funding is for Clustrix's product development and back its growing clients in worldwide. The company has already raised $56.5 million worth of funding for the past years.
HighBar joins other giant investors such as Sequoia Capital, U.S. Venture Partners, ATA Ventures who supports Clustrix in its endeavors. The additional funding received by the company will allow the fast and aggressive development of the scale-out database technology according to Robin Purohit, Clustrix CEO. "The need for operational databases that can analyze data in real-time has never been greater with the rapid growth of new hyperscale applications in business segments such as e-commerce, online gaming and advertisement," he added.
The San Francisco-based company specializes in simple SQL database which allows applications to be used by countless and multiple users, data analysis and transactions. Its software is used as an appliance and on Amazon Web Services that caters to large clients including Symantec, AOL, Photobox.
According to John Kim, Managing Partner of HighBar, Clustrix is positioned as a game-changer. "We look forward to working with the Clustrix team to accelerate growth as they address the need for high-performance and scalable SQL databases", he said.
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