What Company Is Offering:
Kickfire provides the first high-performance, easy-to-use open source database appliance for the burgeoning MySQL market. Based on a patented SQL chip that packs the power of tens of CPUs into an exceptionally small, low-power form factor Kickfire delivers a quantum leap in performance efficiency -- avoiding the hardware build out, power, and space costs of today's data warehouse and database offerings. By delivering astoundingly fast query performance out of the box, Kickfire enables organizations to use MySQL for demanding business intelligence, reporting, and analysis rather than migrating to costly, non-open source alternatives. Kickfire appliances scale from gigabytes to terabytes and are based on commodity hardware and Linux.
How Much They Got From VCs:
Kickfire(TM), Inc. today announced that it has closed Series B financing. Pinnacle Ventures led the round and Series A investors Accel Partners, Greylock Partners, and The Mayfield Fund reinvested. The capital will be used to build out the sales, marketing and customer operations infrastructure to bring the Kickfire appliance to market.
Kickfire developed the first MySQL appliance to capitalize on the analysis and reporting needs of the more than 11 million active MySQL installations that are struggling to support explosive data volumes. In a July 2008 report titled Market Update: Open Source Databases, Forrester Research estimates the size of the open source database market including software licensing, technical support, and services will reach $1.2 billion by 2010. Noel Yuhanna, principal analyst states "More enterprises are deploying open source databases than ever before, with many planning mission-critical deployments in the coming years.
More at;http://www.kickfire.com
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