Couchbase announced a broad range of enhancements to its Database-as-a-Service Couchbase Capella™.
Instaclustr raised $15 million from Level Equity, the New York City-based private investment firm. The funding provides Instaclustr with capital to accelerate expansion of its managed platform of core open source technologies. Instaclustr – now serving more than 100 customers from various industries – will double its headcount over the next year. Instaclustr's revenues have grown 300% over the last 24 months and this pace is expected to continue.
Instaclustr's Open Source-as-a-Service platform delivers fully hosted and managed big data technology solutions in their 100% open source form, providing customers the data capabilities and reliability required to scale with absolute freedom from vendor or technical lock-in. Core technologies currently provided by the managed platform include Apache Cassandra, Apache Spark and Apache Kafka.
Instaclustr will use this funding to expand its automated and proven management environment for database, analytics, search, and messaging services to include additional open source technologies such as Elasticsearch, Apache Ignite and Apache Flink. The company will also be adding other data-centric open source technologies that integrate well and that are ideally suited for supporting the scale, high availability, and performance demanded from next-gen applications and solutions. All technologies will continue to be made available through a single platform capable of handling customers' entire data layer.
"We allow customers to get the most production value from an array of powerful open source data solutions – and to do so within a fully managed environment that frees up their IT resources and budget," said Peter Nichol, CEO, Instaclustr. "The new investment from Level Equity will accelerate our platform's expansion, grow our sales and support teams, and allow us to reach more organizations seeking to optimize their data-related performance, reliability, security, and scalability."
"Instaclustr has earned its reputation as a trusted enterprise partner through its unwavering dedication to 100% open source technologies and fast, expert support," Ben Levin, Founder and Partner, Level Equity. "Demand for flexible solutions capable of addressing mission-critical data infrastructure is growing exponentially, and this is reflected in the outstanding financial performance Instaclustr has demonstrated in the last several years. The comprehensive managed platform Instaclustr offers is well positioned as a singular backend answer to meet the entire scope of customers' requirements when it comes to managing the data layer."
"Because of Instaclustr's robust platform and readily-available support, we're able to focus our attention where it belongs: on our product and growing our business," said Jason Wu, CTO, AdStage. "Working with Instaclustr has given us certainty that our open source deployment is being expertly managed, scaled, and optimized on our behalf. We look forward to continuing to benefit from our relationship with Instaclustr as it expands its managed data technologies."
Level Equity joins existing investors Bailador Technology Investments, ANU Connect Ventures, and Our Innovation Fund, LP.
Remote.It release of Docker Network Jumpbox to enable zero trust container access for Remote.It users.
Platformatic launched a suite of new enterprise-grade products that can be self-hosted on-prem, in a private cloud, or on Platformatic’s managed cloud service:
Parasoft announced the release of C/C++test 2023.1 with complete support of MISRA C 2023 and MISRA C 2012 with Amendment 4.
Rezilion announced the release of its new Smart Fix feature in the Rezilion platform, which offers critical guidance so users can understand the most strategic, not just the most recent, upgrade to fix vulnerable components.
Zesty has partnered with skyPurple Cloud, the public cloud operations specialists for enterprises.
With Zesty, skyPurple Cloud's customers have already reduced their average monthly EC2 Linux On-Demand costs by 44% on AWS.
Red Hat announced Red Hat Trusted Software Supply Chain, a solution that enhances resilience to software supply chain vulnerabilities.
Mirantis announced Lens Control Center, to enable large businesses to centrally manage Lens Pro deployments by standardizing configurations, consolidating billing, and enabling control over outbound network connections for greater security.
Red Hat announced new capabilities for Red Hat OpenShift AI.
Pipedrive announced the launch of Developer Hub, a centralized online app development platform for technology partners and developers.
Delinea announced the latest version of Cloud Suite, part of its Server PAM solution, which provides privileged access to and authorization for servers.
Red Hat announced Red Hat Service Interconnect, simplifying application connectivity and security across platforms, clusters and clouds.
Teleport announced Teleport 13, the latest version of its Teleport Access Platform to enhance security and reduce operational overhead for DevOps teams responsible for securing cloud infrastructure.
Kasten by Veeam announced the release of its new Kasten K10 V6.0 Kubernetes data protection platform.
Red Hat announced Red Hat Developer Hub, an enterprise-grade, unified and open portal designed to streamline the development process through a supported and opinionated framework.