DataStax Raises $115M in Funding
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FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Investors see a viable and growing company, giving them the confidence to give DataStax money at a time when many companies are struggling to get capital.
David Andrzejek, Head of Financial Services, DataStax - While the widespread and large-scale use of data has been well-known among internet giants, the effective capture and use of data has now become a key competitive weapon for enterprises in all segments of the economy. Data and analytics are now driving more than 20% of revenue at almost one in five companies. While enterprises in all sectors of the economy will compete with data, the effective capture and use of data in information-intensive sectors like online services, banking, and financial services is especially critical and will sepa...
Real-time analytics database firm Imply Data bags $100M in late-stage funding - SiliconANGLE
After two and a half years in the role, the CEO of DataStax is laser-focused on simplifying the task of using and managing NoSQL databases for developers, as he plots a path to $1 billion in annual revenue and an eventual IPO. Founded in Texas in 2010, DataStax made its name helping enterprise customers get