DataStax Raises $106 Million in New Pre-IPO Round, Chips Away at Oracle - Digits - WSJ

The NoSQL parade continues -- perhaps with a subtle positioning shift; there isn't a single instance of "NoSQL" in the WSJ article, and the only "NoSQL" reference in the related Datastax press release is in an investor quote; it's all about "distributed database management systems" now...

"Although DataStax is not alone in the race to provide more scalable and capable databases to corporate customers–MongoDB has raised more than $231 million at a valuation of more than $1 billion, while Couchbase has raised about $115 million–DataStax excels at the type of heavy-duty transaction processing for which Oracle used to be an automatic choice, according to Kleiner Perkins Caufield & Byers Partner Matt Murphy, whose firm led the new Series E round of funding. Oracle declined to comment.

Most new applications now run on the Web, across data centers and geographies, so that data can be close to the users wherever they are. That’s what DataStax is designed to support, Murphy said."

DataStax Raises $106 Million in New Pre-IPO Round, Chips Away at Oracle - Digits - WSJ