Splice Machine Secures $15,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b6418e45-ce78-480f-a21b-2f2853c40c9c
Date
2/10/2014
Company Name
Splice Machine
Mailing Address
182 2nd Street San Francisco, CA 94105
Company Description
Based in San Francisco, Splice Machine provides the first SQL-compliant database designed for Big Data applications. Our goal is to provide companies with a high-performance, massively scalable database for Big Data applications that doesn’t require you to compromise SQL support, secondary indexes, joins, and transactions.
Website
http://www.splicemachine.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series B
Proceeds Purposes
The investment will enable the Company to accelerate its product development and expand its sales and marketing team in preparation for its upcoming public beta offering in Q1 2014.
M&A Terms
Venture Investor
InterWest Partners
Venture Investor
Mohr Davidow Ventures