Posts Tagged ‘redpoint’
Stealth Startup Relaxed Raises $2 Million From Redpoint Ventures For CouchDB Support
Relaxed, a stealth startup centered around Apache CouchDB has raised $2 million from Redpoint Ventures according to an SEC filing which was confirmed by CEO Damien Katz. Three original authors of Apache CouchDB–Damien Katz, J. Chris Anderson, and Jan Lehnardt–are listed as Executive Officers of the company.
For those who are unfamiliar, CouchDB is a free open source indexable document database server which uses Javascript as a query language. CouchDB is designed for the reporting and storage of large amounts of semi-structured, document oriented data, unlike SQL databases which store and report on very structured and correlated data.
CouchDB is part of the rapidly growing NoSQL movement, which is schema-free and focuses on adding horizontal scalability to databases. Major companies already use NoSQL database systems including Amazon’s Dynamo, Facebook’s Cassandra, and Google’s BigTable. Other NoSQL-related projects include Project Voldemort, Hypertable, VPork, MongoDB, Apache’s Hadoop and more.
Apache’s site describes CouchDB as such:
“In an SQL database, as needs evolve the schema and storage of the existing data must be updated. This often causes problems as new needs arise that simply weren’t anticipated in the initial database designs, and makes distributed “upgrades” a problem for every host that needs to go through a schema update.
With CouchDB, no schema is enforced, so new document types with new meaning can be safely added alongside the old. The view engine, using Javascript, is designed to easily handle new document types and disparate but similar documents.”
While we don’t know much about what Relaxed will be doing, we do know that they will provide support for developers using CouchDB in addition to trying to expand the adoption of CouchDB by enterprise companies. Their role seems similar to that of RedHat’s in the Linux community.
Prior to Relaxed, the three founders were affiliated with a CouchDB consultancy company, appropriately named couch.io. At couch.io, they focused on CouchDB support and training, as well as the managed deployment of customer’s CouchDB cluster.
CouchDB is still in its early stages at version 0.10, but has gained significant traction and has been adopted by many websites and software projects, including Ubuntu. For a more high-level view of what CouchDB does, see their overview.
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Former MySpace Execs Get Funding For New Venture; Some Details Leak
Remember when MySpace lost three key execs before the whole chaotic reorganization? They announced their departure in March. And we’ve now confirmed that they are closing a substantial round of funding, even before they’ve picked a final name for the company.
The company, whatever it will be called, was founded by Amit Kapur (MySpace COO), Steve Pearman (MySpace SVP Product Strategy) and Jim Benedetto (MySpace VP Technology). The company is now backed by August Capital and Redpoint Ventures, who jointly funded a roughly $10 million venture round. David Hornik from August and Geoff Yang from Redpoint have joined the board of directors.
What do we know so far about the company? Not a whole lot except that Redpoint and August are rumored to be “very excited” about it. The company is supposedly targeting the message board/Internet forum space with technology that aggregates content and serves advertising against it. Real time search (bingo! fundable!) may be part of the business plan as well.
Whatever this thing is called, and whatever it does, I know one thing - I like the team. These were three of the most respected and creative execs at MySpace. Keep an eye on them.
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