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Couchbase Scores 14m In New Funding
Red Hot Big Data and NoSQL market continues to attract venture money
By Alan Shimel on Thu, 08/11/11 - 4:44pm.
Couchbase the company formed through the merger of Membase and CouchOne (developers of the open source CouchDB)announced that they have raised 14m in new venture capital. This was their "C" round and was led by new investor Ignition Partners, as well as being joined by their existing VCs. A very impressive raise for the NoSQL, Big Data solution used by companies such as Zynga (which is also an investor), AOL and others.
I had a chance to sit down with Bob Wiederhold, CEO of Couchbase to discuss the new capital, their commitment to the open source and general state of the NoSQL and Big Data market. Bob had some good insight into what is driving the red hot market for big data and NoSQL. He also spoke about how he thinks of other big data players like Hadoop and traditional SQL players like Oracle. You may be surprised that Bob does not view any of these are competitors to Couchbase. You can listen to the full conversation below.
While the sun is certainly shining brightly on the Big Data market, there are some clouds on the horizon. At the recent Black Hat security show in Las Vegas one of the presenters showed how many big data solutions don't have maturity around security that some of the traditional database solutions do. Also some of my friends in security like Chris Hoff and Amrit Williams have recently written about the issues around big data and security. I had a chance to speak to Bob Wiederhold about this as well. Though he is not a security expert he did say that Couchbase is doubling down on their security efforts and it is a high priority at his company. He wants Couchbase to be a market leader in making sure Big Data and NoSQL are secure.
I will be trying to line up a future podcast with my friends from both the Big Data world and the security world to discuss this in the future, so stay tuned. In the meantime enjoy the podcast!
Enjoy!
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As co-founder and Managing Partner at The CISO Group, Alan Shimel is responsible for driving the vision and mission of the company. The CISO Group offers security consulting and PCI compliance management for the payment card industry. Prior to The CISO Group, Alan was the Chief Strategy Officer at StillSecure. Shimel was the public persona of StillSecure as it grew from start up to helping defend some of the largest and most sensitive networks in the world.
Shimel is an often-cited personality in the technology community and is a sought-after speaker at industry and government conferences and events. His commentary about the state of security, open source and life is followed closely by many industry insiders via his blog and podcast, "Ashimmy, After All These Years" (www.ashimmy.com). Alan is now also a regular contributor to The CISO Group’s security.exe blog and podcast. Follow him on Google.
Alan has helped build several successful technology companies by combining a strong business background with a deep knowledge of technology. His legal background, long experience in the field, and New York street smarts combine to form a unique personality.
Disclosure: The CISO Group sells a software-as-a-service PCI compliance application called SAQPro. The company is independent and does not represent any other vendor's products as a reseller.
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