Israel-based database development platform ScyllaDB raised $16m on Wednesday in a series B round co-led by electronics producers Western Digital, Samsung and Qualcomm, and venture capital firm Magma Ventures.
Fellow VC firm Bessemer Venture Partners also contributed to the round. The corporates participated through their respective strategic investment funds: Western Digital Capital, Samsung Ventures and Qualcomm Ventures.
ScyllaDB has built open-source database software that allows developers to quickly create scalable applications. It can function as a drop-in substitute for the Apache Cassandra distributed database management system.
The funding will be used to expand the company’s sales and marketing as it looks to introduce new enterprise and open source features to its software.
Mark Long, president of Western Digital Capital, which invests on behalf of data storage technology provider Western Digital, said: “We see exponential demand for compute and storage.
“We chose to invest in ScyllaDB because of the company’s unique approach to data centre efficiency, storage and networking, and they align well with our strategy to improve how data is generated, managed and consumed.”
Bessemer had previously led ScyllaDB’s $7m series A round in 2013, back when the company was still a cloud operating system developer known as Cloudius Systems. It pivoted in September 2015, rebranding at the same time.