Database Vendor MarkLogic Joins Billion-Dollar Club With New Funding - Venture Capital Dispatch - WSJ

A big milestone for XML database pioneer MarkLogic

"MarkLogic Corp. has joined the ranks of the world’s most valuable private companies, raising $102 million at a pre-money valuation of more than $1 billion. The company didn’t reveal a post-money valuation.

The round was led by Wellington Management Co. and includes new investor Arrowpoint Partners and all current investors, taking total funding to $173 million. MarkLogic was targeting $70 million and said the round was oversubscribed."

Database Vendor MarkLogic Joins Billion-Dollar Club With New Funding - Venture Capital Dispatch - WSJ