Clustrix Secures $16.5M in Funding

SQL database startup Clustrix has secured a $16.5 million round of funding by current investors Sequoia Capital (News - Alert), U.S. Venture Partners, ATA Ventures and Don Listwin.

The new funding is the San Francisco-based company’s third round of funding, bringing total capital raised to date to $46.5 million. Clustrix (News - Alert), which has more than 30 customers worldwide, will use the funding to expand distribution of its software to a variety of public and private cloud platforms, according to Robin Purohit, CEO of Clustrix.

“The combination of big data and cloud computing has broken the legacy database, creating an industry transition to new scale-out database platforms,” Purohit said in a statement. “The Clustrix scale-out SQL database is battle-tested in mission-critical customer applications all over the world, providing unprecedented levels of performance, scalability and real-time analytics. In our next phase of growth, we are making it easy for developers to build their next great application on our platform.”

Following database-as-a-service (DaaS) announcements with Rackspace, GoGrid, Equinix (News - Alert) and BlueBoxGrou, in April Clustrix released Clustrix 5.0 on Amazon Web Services (News - Alert) (AWS). According to Purohit, the company’s scale-out analytics is achieved with distributed aggregates and OLAP fan-out technologies, where multiple cores across multiple nodes work in parallel on analytic queries. Analytic query performance can improve by 25x, and up to 1000x in some cases.

In addition, Clustrix published a real-time analytics performance benchmark for its scale-out SQL database, demonstrating a 50x advantage compared to legacy scale-up databases on AWS.

“Clustrix has delivered on a complete reinvention of the relational database,” said Chris Rust of U.S. Venture Partners. “The result is a highly differentiated platform that is ideal for the industry transition to cloud computing. The company now has the proven technology, experienced management and customer traction to disrupt a $28 billion market.”