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DataStax Raises $115M In Funding Led by Goldman Sachs

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DataStax, the company behind the popular Apache Cassandra NoSQL database, has secured $115 million in funding led by the growth equity business within Goldman Sachs Asset Management (Goldman Sachs), with participation from RCM Private Markets fund advised by Rokos Capital Management (US) LP, Singapore-based global investor, EDB Investments Pte. Ltd. and DataStax’s existing investors including Crosslink Capital, Meritech Capital Partners, OnePrime Capital and other current investors.

DataStax plans to use the funding to accelerate global expansion and development of its Astra DB multi-cloud database and its Astra Streaming streaming service, which are part of the company’s open data stack for building and running real-time applications on any cloud, at massive scale, anywhere in the world, with zero downtime.

The funding comes on the heels of strong first quarter company momentum driven by the growing popularity of Astra DB, which is built on the Apache Cassandra database.

Astra DB simplifies cloud-native application development and delivers pay-as-you-go pricing with the freedom and agility of multi-cloud and open source.

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