The investment will enable the Company to accelerate its product development and expand its sales and marketing team in preparation for its upcoming public beta offering in Q1 2014. With its real-time, transactional architecture, Splice Machine moves Hadoop beyond batch processing to power real-time operational and analytical applications.
"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," said
Splice Machine received its first round of funding from MDV in
Splice Machine delivers significant increases in query performance and steep reductions in hardware and software costs for its charter customers. For example, initial results against
"For companies that want to leverage the cost and scaling advantages of Hadoop, they can finally replace traditional relational databases like MySQL, PostgreSQL, and
"We are excited to double down on our Splice Machine investment," said
Splice Machine is the only full-featured SQL database on Hadoop with real-time updates and ACID transactions. It provides application developers and database architects the best of Big Data: the scalability of Hadoop and HBase, the ubiquity of SQL, and the transactional integrity of an RDBMS.
For more information on Splice Machine, visit http://www.splicemachine.com/.
Keywords for this news article include: Splice Machine, Banking and Finance.
Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC
Most Popular Stories
- Top Hispanic Tech Companies Push for the Top
- 5 Notable Hispanic Technology Executives
- Tesla's Alt-Energy Future Aims for Massive Lithium-Ion Battery Production
- FAA to Appeal Court Decision Allowing Commercial Drone Use
- Rand Paul Tops Presidential Straw Poll at Conservative PAC Conference
- California Establishes Center for Coffee Study
- New Chat App, Yik Yak, Causes Problems for Students
- Sunday Starts Daylight Saving Time
- Arriola Takes Charge at SoCalGas
- Obama Meets with Ukraine Prime Minister Wednesday