Welcome!

Recurring Revenue Authors: Fouad Khalil, Liz McMillan, Elizabeth White, Pat Romanski, Sematext Blog

News Feed Item

ScaleArc Announces $12.3 Million in Series C Funding From Accel Partners, Trinity Ventures and Nexus Ventures

Significant market traction and customer adoption drives investment to accelerate sales, marketing and global expansion

SANTA CLARA, Calif., Jan. 10, 2013 /PRNewswire/ -- ScaleArc, the pioneer of database infrastructure software that simplifies the way database environments are deployed and managed, today announced $12.3 million in new funding from leading venture capital firms. The round was led by Accel Ventures with participation from existing investors including Trinity Ventures and Nexus Ventures, from whom ScaleArc had previously raised $5.33 million in 2011. The new funding will be used primarily to invest in sales and marketing to fuel ScaleArc's global expansion in the multi-billion dollar Big Data market, as well as to maintain aggressive development of its product roadmap.

ScaleArc iDB is software that inserts transparently between applications and databases, requiring no modifications to applications or databases to deploy. A 15 minute deployment of ScaleArc iDB delivers the following benefits:

  • provides instant visibility into all database traffic with granular real-time SQL analytics
  • enables instant scalability and higher availability for databases with dynamic clustering, load balancing and sharding capabilities
  • delivers the world's first transparent SQL-NoSQL hybrid caching engine (patent-pending) which lets any application use a NoSQL cache without any code changes or drivers

Customers who deploy ScaleArc iDB are able to reduce troubleshooting times from days or hours to minutes, achieve significantly higher uptime, provide instant vertical and horizontal scalability of their existing database infrastructure, provide much better query performance (up to 60x faster) and strengthen the overall security of their database environment. Existing customers include Demand Media, Disney UTV, KIXEYE, Sazze (dealspl.us), Flipkart, Weather Decision Technologies and others, with documented ROIs ranging from instantaneous to less than one year.

"Accel Partners is excited to be a part of the ScaleArc team," said Sameer Gandhi, General Partner at Accel Partners. "We continue to be impressed with the company's innovative approach to solving a key Big Data problem, as well as its significant customer traction with well-documented ROIs. We look forward to working with them as they continue their global expansion." 

"We at ScaleArc are in a unique place in the Big Data ecosystem, as we're the only company that can offer a true next generation database infrastructure platform for applications that use a wide variety of databases such as MySQL, Oracle or Microsoft SQL Server, and can transparently bridge the performance and scalability gap between SQL and NoSQL databases," said Varun Singh, Founder & CEO of ScaleArc. "We're excited to have Accel as an investor, as they truly understand the Big Data space and add strong value to our business."

ScaleArc iDB supports MySQL, Microsoft SQL Server and Oracle databases and is available as software on any x86-64 server, as a virtual appliance on any x86 compatible hypervisor, or as a turn-key appliance. ScaleArc iDB is cloud-ready and available via service providers such as the Amazon AWS Marketplace, GoGrid, Joyent, Hyperwiser, Liquid Web Hosting and NephoScale.

ScaleArc is expanding significantly, with numerous job openings in the US and India in departments ranging from Sales & Marketing to Research & Development. For more details on all open positions, please visit http://www.scalearc.com/careers/.

About Accel Partners
Founded in 1983, Accel Partners has a long history of partnering with outstanding entrepreneurs and management teams to build world-class businesses. Accel invests globally using dedicated teams and market-specific strategies for local geographies, with offices in Palo Alto, New York City, London and Bangalore; as well as in China via its partnership with IDG-Accel. Accel has helped entrepreneurs build over 300 successful companies, many of which have defined their categories, including Angry Birds (Rovio), Atlassian, Braintree, Brightcove, Cloudera, ComScore, Diapers.com (Quidsi), Dropbox, Etsy, Facebook, Flipkart, Fusion-IO, GlamMedia, Groupon, Imperva, Kayak, Lookout, Macromedia, metroPCS, QlikTech, Responsys, Riverbed, Spotify, Squarespace, Sunrun, Trulia, Veritas, Walmart.com, and Wonga. For more information, please visit the Accel Partners web site at www.accel.com or find us on Facebook at www.facebook.com/accel.

About ScaleArc
ScaleArc is the pioneer in a new category of database infrastructure software that simplifies the way database environments are deployed and managed, and lowers costs without any changes to applications or databases. Learn more at www.ScaleArc.com

ScalArc, ScaleArc, iDB, and the ScaleArc logo are trademarks or registered trademarks of ScaleArc, Inc. in the United States and other countries.

SOURCE Accel Partners

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
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.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
SYS-CON Events announced today that 910Telecom 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. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, 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. Meanwhile, 94% of enterpri...
Akana has announced the availability of version 8 of its API Management solution. The Akana Platform provides an end-to-end API Management solution for designing, implementing, securing, managing, monitoring, and publishing APIs. It is available as a SaaS platform, on-premises, and as a hybrid deployment. Version 8 introduces a lot of new functionality, all aimed at offering customers the richest API Management capabilities in a way that is easier than ever for API and app developers to use.
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.