Akiban Technologies Receives $3,154,075 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=71dbc5f5-ea23-4331-b8ff-82ec2efee5e9&Preview=1
Date
4/7/2011
Company Name
Akiban Technologies
Mailing Address
580 Harrison Avenue Boston, MA 02118
Company Description
Akiban, Inc., a Boston-based startup, is developing a database virtualization solution that enables effortless scalability of a database across nodes, both within the enterprise and in the cloud. Based on our patent-pending architecture, we have practically eliminated the complexity of managing joins across a relational database, turning an I/O problem into a scalable CPU solution.
Website
http://www.akiban.com
Transaction Type
Venture Equity
Transaction Amount
$3,154,075
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing.
M&A Terms
Venture Investor
Undisclosed