@CloudExpo Authors: Elizabeth White, Tim Hinds, Liz McMillan, Yeshim Deniz, Maria C. Horton

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.

@CloudExpo Stories
"We started a Master of Science in business analytics - that's the hot topic. We serve the business community around San Francisco so we educate the working professionals and this is where they all want to be," explained Judy Lee, Associate Professor and Department Chair at Golden Gate University, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve fu...
DXWorldEXPO LLC announced today that Dez Blanchfield joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Dez is a strategic leader in business and digital transformation with 25 years of experience in the IT and telecommunications industries developing strategies and implementing business initiatives. He has a breadth of expertise spanning technologies such as cloud computing, big data and analytics, cognitive computing, m...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Daniel Jones is CTO of EngineerBetter, helping enterprises deliver value faster. Previously he was an IT consultant, indie video games developer, head of web development in the finance sector, and an award-winning martial artist. Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams.
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Rodrigo Coutinho is part of OutSystems' founders' team and currently the Head of Product Design. He provides a cross-functional role where he supports Product Management in defining the positioning and direction of the Agile Platform, while at the same time promoting model-based development and new techniques to deliver applications in the cloud.
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
delaPlex is a global technology and software development solutions and consulting provider, deeply committed to helping companies drive growth, revenue and marketplace value. Since 2008, delaPlex's objective has been to be a trusted advisor to its clients. By redefining the outsourcing industry's business model, the innovative delaPlex Agile Business Framework brings an unmatched alliance of industry experts, across industries and functional skillsets, to clients anywhere around the world.
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.