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ScaleArc Raises $5.33 Million to Fund ExpansionNames Former Juniper Networks Executive as President and COO (December 20, 2011)
MENLO PARK, CA -- (Marketwire) -- 12/20/11 -- ScaleArc, the pioneer in a new category of database infrastructure software that simplifies the way database environments are deployed and managed, announced today that it has closed $5.33 million in Series B financing. The new funds will accelerate geographic and staffing expansion to meet increased demand. Trinity Ventures led the funding round with full participation of the company's original investor, Nexus Venture Partners.
The company also announced the appointment of former Juniper Networks executive Justin Barney as president and COO. Prior to joining ScaleArc, Barney was vice president of sales for software in the Americas at Juniper Networks, where he joined via the acquisition of Ankeena Networks. He has also served as vice president of sales at Citrix Systems.
With exponentially growing data and increasing transaction rates, organizations face substantial cost and complexity in scaling their database architecture in a cost-effective manner while increasing performance, visibility and uptime. The ScaleArc iDB software provides a wide spectrum of capabilities: real-time query-analytics and control, instant horizontal scaling for capacity growth or high availability, one-click query caching, automated sharding, dynamic load balancing, enforcement of security policies, and much more, all without any changes to existing applications or databases. It is the only solution that reduces overall CapEx and OpEx costs by up to 50% and delivers instant performance improvements of 6x-24x with no disruptions to existing environments.
ScaleArc's customers cover a wide range of industries including eCommerce, web 2.0 / SaaS, online gaming, digital media companies, service providers, and enterprises.
"As a leading mobile and online games company, Indiagames runs some of the most sophisticated and demanding database environments in the world, and our game RA.ONE Genesis pushed all boundaries for scale," said Vishal Gondal, founder & CEO Indiagames Ltd. "Using the ScaleArc iDB product in our production environment has led to significant productivity gains for our DBAs and simplified how we horizontally scale our systems for capacity growth and high availability without changing our applications or databases. We are especially pleased with the real-time query analytics capability of ScaleArc iDB and the instant troubleshooting and comprehensive control that it provides to our DBAs. We think some day all database environments will be deployed like this."
"At Netmagic Solutions we manage mission critical IT infrastructure for our enterprise customers delivering over 99.99% uptime to more than 1,000 customers worldwide," said Sharad Sanghi, founder and CEO of NetMagic Solutions. "The ScaleArc iDB software plays an important role in our constant drive to increase service levels while reducing service costs. iDB has greatly improved the efficiency of our IT Operations by simplifying traditionally complex tasks such as adding or removing application or database servers. We have also seen substantial increase in performance through iDB's one-click caching, and having full visibility into every query helps us pinpoint and solve problems in seconds."
"Justin brings a wealth of operational leadership built over a distinguished career working with start-ups as well as large companies," said Varun Singh, ScaleArc founder and CEO. "Justin's appointment and Series B financing from Trinity Ventures and Nexus Venture Partners will allow us to meet increased demand as we continue to develop and market our new breed of database infrastructure software technology."
"ScaleArc has struck upon a powerful yet elegant architectural approach to solve many thorny problems in today's dynamic high performance data center applications," said Sandeep Singhal, co-founder of Nexus Venture Partners.
"Trinity Ventures has been actively looking for innovative companies solving database scaling and performance issues and ScaleArc's new database infrastructure software approach is as refreshingly simple as server virtualization was a decade ago," said Fred Wang, general partner at Trinity Ventures. "ScaleArc is the type of innovative company that Trinity Ventures seeks to support."
"The world of IT continues to change significantly and ScaleArc is already helping customers achieve significant results in mission-critical environments while immediately realizing a Return-On-Investment," said Justin Barney, president and COO at ScaleArc. "I am extremely excited to help lead the company as we expand our presence in the market and establish ScaleArc as a trusted partner to IT organizations worldwide."
ScaleArc is the pioneer in a new category of database infrastructure software that simplifies the way database environments are deployed and managed, and lowers costs without any changes to applications or databases. The ScaleArc iDB software abstracts database servers from application servers to provide instant horizontal scaling and connection management, and enables real-time visibility into every query to provide instant analytics and troubleshooting, one-click query caching, wire-speed security enforcement, and more. Visit us at www.ScaleArc.com
ScalArc, ScaleArc, iDB, and the ScaleArc logo are trademarks or registered trademarks of ScaleArc, Inc. in the United States and other countries.
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