DevOps.com

  • Latest
    • Articles
    • Features
    • Most Read
    • News
    • News Releases
  • Topics
    • AI
    • Continuous Delivery
    • Continuous Testing
    • Cloud
    • Culture
    • DevSecOps
    • Enterprise DevOps
    • Leadership Suite
    • DevOps Practice
    • ROELBOB
    • DevOps Toolbox
    • IT as Code
  • Videos/Podcasts
    • DevOps Chats
    • DevOps Unbound
  • Webinars
    • Upcoming
    • On-Demand Webinars
  • Library
  • Events
    • Upcoming Events
    • On-Demand Events
  • Sponsored Communities
    • AWS Community Hub
    • CloudBees
    • IT as Code
    • Rocket on DevOps.com
    • Traceable on DevOps.com
    • Quali on DevOps.com
  • Related Sites
    • Techstrong Group
    • Container Journal
    • Security Boulevard
    • Techstrong Research
    • DevOps Chat
    • DevOps Dozen
    • DevOps TV
    • Digital Anarchist
  • Media Kit
  • About
  • AI
  • Cloud
  • Continuous Delivery
  • Continuous Testing
  • DevSecOps
  • DevOps Onramp
  • Practices
  • ROELBOB
  • Low-Code/No-Code
  • IT as Code
  • More
    • Application Performance Management/Monitoring
    • Culture
    • Enterprise DevOps

Home » Latest News Releases » ScyllaDB Secures $10 Million in Series C Funding

ScyllaDB Secures $10 Million in Series C Funding

By: Deborah Schalm on April 25, 2018 Leave a Comment

High-Performance Distributed Database Company Continues Rapid Growth, Powers Real-Time Big Data for Organizations across Industries and Geographies

Recent Posts By Deborah Schalm
  • Exabeam Reinvents Security Analytics with Fusion XDR and Fusion SIEM Cloud Products to Address Security Needs at Scale
  • New Study Reveals Importance of Optimized Strategy for the Selection, Support, and Maintenance of Open Source Software
  • Applitools Integrates With Rally for Fast and Automated Bug Management
More from Deborah Schalm
Related Posts
  • ScyllaDB Secures $10 Million in Series C Funding
  • ScyllaDB Unveils ‘Monstrous’ New Capabilities for Its NoSQL Database
  • ScyllaDB Announces Major Release of Its NoSQL Database and Support for Concurrent OLTP and OLAP
    Related Categories
  • Latest News Releases
    Related Topics
  • ScyllaDB
Show more
Show less

PALO ALTO, Calif. — April 25, 2018 — ScyllaDB, the real-time big data database company, today announced that it has closed a $10 million Series C funding round led by TLV Partners. Previous investors Bessemer Venture Partners, Qualcomm Ventures, Magma Venture Partners, and Western Digital also participated in the round. This latest round raises ScyllaDB’s total funding to $35 million. In conjunction with the new funding, ScyllaDB will add Shahar Tzafrir of TLV Partners to the company’s board of directors.

AppSec/API Security 2022

“ScyllaDB has quickly built a thriving community of users who recognize the architectural advantages of the Scylla database,” said Shahar Tzafrir of TLV Partners. “Beyond its distinct performance advantages, Scylla is unique in its ability to fully exploit available hardware resources, leading to a dramatic reduction in TCO. That’s one of the reasons so many organizations are migrating to Scylla from Cassandra, MySQL, Hbase, MongoDB, Redis and others. We are very excited to join the team and to guide the company as it moves forward.”

Scylla is an open source drop-in replacement for Apache Cassandra. Its unique,  close-to-the-hardware design delivers scale-up performance of 1,000,000 IOPS per node, scale out to hundreds of nodes, and a 99% tail latency of less than 1 msec. As a result, Scylla users can significantly reduce the hardware resources they require, lowering both the total cost of ownership and complexity of their systems.

ScyllaDB has continued its strong momentum with customers and partners over the past year. Scylla is in production at hundreds of leading organizations, including AppNexus, AdGear, CERN, Discord, IBM, Nauto, Ola Cabs, Samsung and Ytel. It is used for a variety of business-critical purposes, including as a key value store, time-series database, large blob store, and graph database backend. The company is also partnering with industry leaders such as Qualcomm, IBM Compose, Samsung SDS, and many more.

“Scylla delivers tremendous value in a number of industries and a wide variety of use cases,” said Amit Karp, partner at Bessemer Ventures. “The company has quickly taken a technology leadership role in the industry, having pioneered a highly performant database that’s built from the  ground up for real-time big data systems. Rapid adoption by leading companies like IBM speaks to the architectural superiority of the Scylla database.”

ScyllaDB will use the additional financing to help accelerate its entry into the database-as-a-service (DBaaS) market, leveraging the early success of the Scylla open source database and the company’s acquisition of DBaaS intellectual property in October of last year.

“Organizations are looking for their development teams to spend less time on the database and more time focused on their business,” said Dor Laor, CEO of ScyllaDB. “We will continue to add more functionality to our product set, and later this year we will launch our database-as-a-service offering as the next logical step for our high-performance NoSQL database. We’re pleased to see that our investors share our excitement for the future of our company.”

About ScyllaDB

ScyllaDB is the real-time big data database company. Fully compatible with Apache Cassandra, Scylla embraces a shared-nothing approach that increases throughput and storage capacity to 10X that of Cassandra. AppNexus, Samsung, Olacabs, Grab, Investing.com, Snapfish, Zen.ly, IBM’s Compose and many more leading companies have adopted Scylla to realize order-of-magnitude performance improvements and reduce hardware costs. ScyllaDB was founded by the team responsible for the KVM hypervisor and is backed by Bessemer Venture Partners, Innovation Endeavors, Wing Venture Capital, Qualcomm Ventures, Magma Venture Partners, Western Digital Capital, Samsung Ventures, and TLV Partners. For more information: ScyllaDB.com

#

 

Filed Under: Latest News Releases Tagged With: ScyllaDB

Sponsored Content
Featured eBook
Hybrid Cloud Security 101

Hybrid Cloud Security 101

No matter where you are in your hybrid cloud journey, security is a big concern. Hybrid cloud security vulnerabilities typically take the form of loss of resource oversight and control, including unsanctioned public cloud use, lack of visibility into resources, inadequate change control, poor configuration management, and ineffective access controls ... Read More
« Puppet Expands Scope of Pervasive Automation Initiative
DevOps Transformation: Leave No Ops Behind »

TechStrong TV – Live

Click full-screen to enable volume control
Watch latest episodes and shows

Upcoming Webinars

Transforming the Database: Critical Innovations for Performance at Scale
Tuesday, August 23, 2022 - 1:00 pm EDT
Modern Data Protection With Metallic DMaaS: Hybrid, Kubernetes and Beyond
Wednesday, August 24, 2022 - 11:00 am EDT
DevOps Unbound: Report on AI-Augmented DevOps
Tuesday, August 30, 2022 - 11:00 am EDT

Latest from DevOps.com

Agile Sucks (Redux) | Plus: DevOps on Mars
August 18, 2022 | Richi Jennings
Survey Shows Steady DevSecOps Progress
August 18, 2022 | Mike Vizard
Why DevOps Teams Need Security Engineers
August 18, 2022 | Mike Vizard
Time-Series Database Basics
August 18, 2022 | Jeff Tao
Busting 5 Common Database Modernization Myths
August 18, 2022 | Anthony Loss

GET THE TOP STORIES OF THE WEEK

Download Free eBook

The State of Open Source Vulnerabilities 2020
The State of Open Source Vulnerabilities 2020

Most Read on DevOps.com

Next-Level Tech: DevOps Meets CSOps
August 12, 2022 | Jonathan Rende
The Benefits of a Distributed Cloud
August 12, 2022 | Jonathan Seelig
Techstrong TV: Scratching the Surface of Testing Through AI
August 12, 2022 | Alan Shimel
Building a Platform for DevOps Evolution, Part One
August 16, 2022 | Bob Davis
5 Ways to Prevent an Outage
August 15, 2022 | Ashley Stirrup

On-Demand Webinars

DevOps.com Webinar ReplaysDevOps.com Webinar Replays
  • Home
  • About DevOps.com
  • Meet our Authors
  • Write for DevOps.com
  • Media Kit
  • Sponsor Info
  • Copyright
  • TOS
  • Privacy Policy

Powered by Techstrong Group, Inc.

© 2022 ·Techstrong Group, Inc.All rights reserved.