US-based big data technology developer Cockroach Labs has secured $6.3m in a series A round backed by internet company Google’s corporate venturing unit Google Ventures, Information Week reported on Thursday.
The round was led by venture capital firm Benchmark Capital.
Founded in February this year by former Google engineers, Cockroach’s open source software, CockroachDB, ensures that a large database is always synchronised throughout the system.
Synchronicity is a significant issue with current technologies that struggle to cope with huge data sets, and which may not show the most recent updates to a user.
CockroachDB also duplicates data throughout the system and automatically manages those datasets, preventing the possibility of data loss even if a server goes offline.
Cockroach hopes to establish its technology as a widely used open-source project, and to grow into a competitor to Spanner, the established company in the market, which relies on the Google technology originally developed by Cockroach’s team.