DataStax runs real-time data applications on any cloud, at massive scale, anywhere in the world, with zero downtime.

DataStax announced a $115 million funding led by the Growth Equity business within Goldman Sachs Asset Management, with participation from RCM Private Markets fund advised by Rokos Capital Management (US) LP, Singapore-based global investor, EDB Investments Pte. Ltd. and DataStax’s existing investors including Crosslink Capital, Meritech Capital Partners, OnePrime Capital and other current investors. The company will use the money to further develop and expand its ‘Astra DB’ multi-cloud database and its ‘Astra Streaming’ streaming service. (BusinessWire)

It also intends to add new capabilities to Astra DB, including additional integration with Astra Streaming to enable businesses to easily activate all their real-time data — both data “at rest” in a database and streaming data “in motion.”

DataStax

With DataStax, any enterprise can mobilize real-time data and quickly build the smart, highly scalable applications required to be a data-driven business. Many of the world’s leading enterprises, including Verizon, Audi, ESL Gaming and many more rely on DataStax to unleash the power of real-time data to create in-the-moment digital experiences.

“Today’s market leaders run their business with real-time data to create instant intelligence and drive actions,” said Holger Staude, Managing Director at Goldman Sachs. “That’s exactly what DataStax empowers companies to do, and why we are excited to support the next generation of digital applications with our investment.”

“What’s clear is that we’re only in the early stages of what’s possible with new data-driven experiences that will serve a wide range of human needs, create virtuous cycles between companies and their customers, and move markets,” said Chet Kapoor, chairman and CEO of DataStax. “We appreciate that our investors believe in our vision — even in this economy, we were able to raise significant capital at a substantial premium over the round we completed just a year ago.”

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