MemSQL Obtains $35,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b064b45c-0b4b-443e-993b-9d6422c300b9
Date
1/22/2014
Company Name
MemSQL
Mailing Address
425 2nd Street 3rd Floor San Francisco, CA 94107
Company Description
MemSQL is a scalable, memory-optimized database that offers orders of magnitude improvements in write and read performance and greatly simplifies application development and maintenance.
Website
http://www.memsql.com
Transaction Type
Venture Equity
Transaction Amount
$35,000,000
Transaction Round
Series B
Proceeds Purposes
The investment will enable the company to expand product development, support its growing customer base and capitalize on the market for Big Data technologies.
M&A Terms
Venture Investor
Accel Partners
Venture Investor
Khosla Ventures
Venture Investor
First Round Capital