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FoundationDB scores $17M to market and support its database

November 14, 2013 • DEALS

FoundationDB, a database startup that’ s trying to bridge the SQL and NoSQL worlds, just closed $17 million in Series A funding to better market its product and support its current business users.

According to FoundationDB’ s press release the round was led by Sutter Hill Ventures, with contributions from existing backers Crunch Fund and angel investors.  Sutter Hill Managing Director Sam Pullara will join the FoundationDB board.

The investment will fuel the company’s growth in sales and marketing, engineering, and support for existing enterprise customers. Sutter Hill Managing Director, Sam Pullara will join FoundationDB’s Board of Directors.

“We see the future of database technology as combining the scalable, distributed architecture of NoSQL with the power of ACID transactions,” said Dave Rosenthal, CEO of FoundationDB to the news portal www.marketwired.com . “The financing we’ve secured in this funding round strengthens our commitment to our existing customers and allows us to scale to better serve the needs of future ones. We’re very fortunate to have Sam, a seasoned technologist who shares our conviction, joining our board”.

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FOUNDATIONDB, SERIES A FUNDING, STARTUP
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