Name Change and Funding

Investment Align and to Drive Grow Sales InfiniDB Brand, and Continue Investment in Product Development.

February 10, 2014 – Calpont Corporation, a leading supplier of high performance information that is analytic platforms, announced today that it’s changing its name to InfiniDB, Inc. Additionally, the organization announced it has secured $7.5 million in added funds.

“Since starting the InfiniDB merchandise in 2010, we’ve been ahead of the technology curve and competitive options with our innovative MPP column-oriented information platform. New round of financing and our name change signs to the InfiniDB analytic information platform to the business dedication as well as our support as well as our user community, and simplifies and aligns the product and company branding.

InfiniDB intends to use the funds share in the Hadoop marketplace and to put money into growing the InfiniDB brand. This consists of ongoing product innovation and enlarging advertising, and sales and associate channels:

  • The official business web site is now www.InfiniDB.co
  • The company name change to InfiniDB is not going to alter the licensing of all of the firm’s information platforms that stay open source GPLv2.0 permit.
  • McDonnell Ventures has led the financing round, expanding its previous investment in InfiniDB.

my-db100% open source, MySQL(registered company) reachable, and available on assumption, in the cloud, as well as on Apache Hadoop(TMark), InfiniDB supplies IT with the flexibility it requires to set up Big Data programs with the confidence that their existing investments in hardware, program, and know how that will grow with their information.

Popular programs of InfiniDB contain InfiniDB for InfiniDB and the Cloud for Apache Hadoop. InfiniDB for the Cloud empowers users to set up massively scalable, high performance analytics programs in Amazon Web Service (AWS) with dynamic provisioning. InfiniDB for Apache Hadoop incorporates with the Hadoop Distributed File System (HDFS) and empowers users to perform real time, high performance ad hoc analytics within an Apache Hadoop bunch.

There are just two main drivers for success and the immediate interest for InfiniDB in the Hadoop marketplace. The foremost is that InfiniDB gives organizations value from their information in real-time which they can leverage for competitive advantage and empower use cases that are not otherwise possible with Hadoop options that are native.

To find out more about InfiniDB platform visit http://www.infiniDB.co

Tweet this: News: @Calpont changes name to procures financing & @InfiniDB. Driving increase of 4th gen #MPP #database. #Analytics #enterprise #hadoop

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