Software // Information Management
News
10/27/2009
04:45 PM
Connect Directly
Twitter
RSS
E-Mail
50%
50%

EnterpriseDB, Postgres Maker, Raises $19 Million

IBM, Red Hat, and NTT are backing the open source database maker.

EnterpriseDB, the company with Postgres Plus, a commercial database system based on open source PostgreSQL, has finished a third round of funding amounting to $19 million. Investors included IBM and Red Hat.

IBM was an investor in EnterpriseDB's second round of funding and lead this round. Red Hat has distributed the open source code PostgreSQL, often simply pronounced Postgres, for nine years as part of its Red Hat Enterprise Linux distribution, but this is the first time it's invested in a firm based on the project's BSD-licensed, open source code.

EnterpriseDB sells a commercial version, Postgres Plus, which CEO Ed Boyajian termed the database equivalent to Red Hat's Enterprise Linux, a fully SQL-compliant relational database system for the enterprise. This round of funding "helps us bring the hardened version of Postgres to market," he said. The Westford, Mass., firm now employs 90.

Postgres Plus includes, among other things, compatibility with Oracle's PL/SQL data access language. Applications built to run against Oracle will work with Postgres Plus, according to customers, such as Sony Online Entertainment and FTD Inc.

EnterpriseDB will expand an existing partnership with Red Hat as a result of the investment, Boyajian said. Red Hat and his firm will tune Postgres Plus to optimize it for operations with Red Hat's JBoss middleware, widely used by Java programmers looking for an alternative to commercial application servers.

"JBoss commands a great share of corporate developer attention," noted Boyajian. He's hoping Red Hat's willingness to invest will rub off in terms of greater developer interest in Postgres Plus, as well.

An additional investor in the firm's C round was NTT, the Japanese telecommunications giant.


InformationWeek Analytics has published a report on the 10 steps to effective data classification. Download the report here (registration required).

Comment  | 
Print  | 
More Insights
The Agile Archive
The Agile Archive
When it comes to managing data, donít look at backup and archiving systems as burdens and cost centers. A well-designed archive can enhance data protection and restores, ease search and e-discovery efforts, and save money by intelligently moving data from expensive primary storage systems.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest - July 22, 2014
Sophisticated attacks demand real-time risk management and continuous monitoring. Here's how federal agencies are meeting that challenge.
Flash Poll
Video
Slideshows
Twitter Feed
InformationWeek Radio
Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.