Welcome!

Linux Containers Authors: Plutora Blog, Carmen Gonzalez, Elizabeth White, Pat Romanski, Yeshim Deniz

Related Topics: @ThingsExpo, Java IoT, Linux Containers, Machine Learning , Agile Computing, @CloudExpo, @BigDataExpo

@ThingsExpo: Article

VoltDB Closes $8 Million Series B Round For Big Data and IoT

Funding bolsters VoltDB's ability to support next-generation "smart" applications that tap Big Data and the Internet of Things

VoltDB announced that it has closed $8 million in Series B funding. The round was led by a Silicon Valley luminary with participation from two additional independent investors as well as existing stakeholders Sigma Partners and Kepha Partners. This funding represents the first in a succession of strategic developments to be announced which bolster VoltDB's ability to support next-generation "smart" applications that tap Big Data and the Internet of Things.

With more than 400 commercial customers and a highly differentiated product proven in mission critical applications, VoltDB will use the funds to accelerate sales and marketing as well as global expansion.  VoltDB's "no compromise" design gives customers the world's most powerful platform with unparalleled speed and capacity to process, analyze and make decisions on massive amounts of incoming data in real-time (milliseconds). VoltDB's customers use the company's unique in-memory architecture to power everything from mission critical enterprise applications, transportation systems and electricity management, to mobile and advertising networks.

"Organizations everywhere are looking to drive competitive business value from new Big Data applications that can consume, analyze and act on massive amounts of dynamic data in real-time," said VoltDB CEO Bruce Reading. "This is exactly what VoltDB was built for – and we are seeing demand in every corner of the world. This new round of funding will enable us to expand to serve this growing customer base."

Founded in 2009 by Professor Michael Stonebraker of MIT, often called the father of modern relational database technology, VoltDB represents the culmination of 40 years of trial and error in developing database architecture. Built from the ground up to combine breakthrough speed and real-time, in-memory analytics in a single database system, VoltDB allows organizations to derive the maximum business value of every single piece of data the moment it arrives.

"The database industry has fundamentally changed in recent years, from one dominated by large 'one size fits all' database vendors, to a much more diffuse market where different databases are used for different classes of applications," said Sigma Partners Managing Director, John Mandile. "VoltDB is an extremely strong player in 'smart' applications requiring massive throughput, real-time analytics and transactional consistency."

"VoltDB's customers are the innovators in trends like the Internet-of-Things, micro-personalization and smart infrastructure," said Kepha Partners Founder and Partner, Jo Tango.  "This market is evolving so quickly, though, that these innovators will soon be the mainstream.  We believe VoltDB will be a major beneficiary of this trend."

About VoltDB
VoltDB provides the world's fastest operational database, delivering high-speed data processing and real-time, in-memory analytics in a single database system. VoltDB is a relational database that gives organizations an unprecedented ability to build ultra-fast applications that can extract insights from massive volumes of dynamic data and enable real-time decision-making. Organizations in markets including mobile, financial services, energy, advertising and gaming use VoltDB to maximize the business value of data at every interaction. VoltDB is privately held with offices in Bedford, Mass. and Santa Clara, Calif. www.voltdb.com

The world's fastest applications run on VoltDB.

Media inquiries:
Tracey Frederickson
Davies Murphy Group, Inc.
(781) 418-2414 
[email protected]

Logo - http://photos.prnewswire.com/prnh/20121204/MM24267LOGO

SOURCE VoltDB

More Stories By Liz McMillan

News Desk compiles and publishes breaking news stories, press releases and latest news articles as they happen.

@ThingsExpo Stories
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, Cloud Expo and @ThingsExpo are two of the most important technology events of the year. Since its launch over eight years ago, Cloud Expo and @ThingsExpo have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, I provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading the...
"Storage is growing. All of IDC's estimates say that unstructured data is now 80% of the world's data. We provide storage systems that can actually deal with that scale of data - software-defined storage systems," stated Paul Turner, Chief Product and Marketing Officer at Cloudian, in this SYS-CON.tv interview at 17th Cloud Expo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
In his session at @ThingsExpo, Steve Wilkes, CTO and founder of Striim, will delve into four enterprise-scale, business-critical case studies where streaming analytics serves as the key to enabling real-time data integration and right-time insights in hybrid cloud, IoT, and fog computing environments. As part of this discussion, he will also present a demo based on its partnership with Fujitsu, highlighting their technologies in a healthcare IoT use-case. The demo showcases the tracking of patie...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you...
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, introduced the technologies required for implementing these idea...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.