VoltDB Grabs $5M

VoltDB, a Billerica, MA-based maker of database software for rapid transaction-based processes, has wrapped up a $5 million equity-based round of funding, according to an SEC filing. The document notes that the money comes from four investors, and lists members of Sigma Partners and Kepha Partners as VoltDB directors. The company, which targets its products at customers in the Web 2.0, gaming, financial, telecommunications, and software-as-a-service spaces, was founded in 2009 by Michael Stonebraker, a database technology veteran who has also helped start Vertica Systems, SciDB, and Goby.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.