Splice Machine raises $15m Series B from InterWest, Mohr Davidow

0
13

data storage_lrgInterWest Partners has led a $15m Series B round for San Francisco-based startup Splice Machine, which is developing a real-time SQL database for big data applications.

Existing backer Mohr Davidow Ventures also participated in the round, which came over a year after the company raised $4m in Series A capital.

Splice Machine will use the funds to accelerate its product development and expand its sales and marketing team for its upcoming public beta offering, which is slated for this quarter.

InterWest general partner Bruce Cleveland said, “Unlike any other SQL-on-Hadoop database, only Splice Machine supports real-time, ACID-compliant updates for both operational and analytical applications on standard Hadoop distributions.

“With its lockless transactional architecture, Splice Machine fills a critical gap in the SQL-on-Hadoop market.”

Earlier this month InterWest led a $15.5m investment round for customer engagement technology company Totango.

Copyright © 2014 AltAssets