As companies from small startups to large enterprise continue to generate an ever-increasing amount of data, the demand for affordable and scalable databases also increases. Typically, this market has been the domain of large vendors like Oracle, but besides them and the usual open-source players, we’ve also seen a growing number of closed-source startups enter this space. Citus Data, which is launching version 1.0 of its CitusDB today, is the latest startup to challenge these incumbents.
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The company, which has received a total of $1.6 million in seed funding, is based in Silicon Valley, with an additional office in Istanbul, Turkey. Among the seed investors are Trinity Ventures, Digital Garage, Matt Ocko, Ben Ling and Paul Buchheit. The founders are industry veterans who previously worked at Amazon and other companies that had to deal with large amounts of data since the early days of the web. The team has been working on the product for about two years now and already has a number of customers who are using CitusDB in a production environment.
