Friday, November 06, 2009

10gen raises $3.4 Million in Series B Funding - Flybridge Capital, Union Square

10gen, an open-source software company and developer of the non-relational database MongoDB, announced it has completed a $3.4 million Series B round of financing led by Flybridge Capital Partners with participation from Series A investor Union Square Ventures. As part of the funding, Chip Hazard, a general partner with Flybridge Capital Partners, will join the company’s Board of Directors, which includes Union Square Ventures General Partner, Albert Wenger along with 10gen founders Dwight Merriman, Eliot Horowitz and Kevin Ryan.

10gen is developing and commercializing MongoDB, a high-performance, open-source, schema-free, non-relational database. MongoDB brings together the performance & scalability of key/value stores with the deep query capabilities of traditional relational databases.

Dwight Merriman, Chairman, CEO & Co-Founder
In 1995, Dwight co-founded DoubleClick and served as its CTO for ten years. Dwight was the architect of the DoubleClick ad serving infrastructure, DART, which serves tens of billions of ads per day. Dwight is co-founder, Chairman, and the original architect of Panther Express (now part of CDNetworks), a content distribution network (CDN) technology which serves hundreds of thousands of objects per second. He is also a board member of the web photo/video sharing company Phanfare. Dwight received a B.S. in Systems Analysis/Computer Science from Miami University of Ohio.

Eliot Horowitz, CTO & Co-Founder
As CTO of 10gen's innovative platform technology, Eliot has quickly become one of Silicon Alley's up and coming entrepreneurs, recently voted as one of "Top 25 Entrepreneurs Under Age 25" on Eliot is also the chief scientist of ShopWiki's breakthrough crawling technology. In January 2005, he began developing the crawling and data extraction algorithm that is the core of ShopWiki's innovative technology.

Kevin P. Ryan, Director & Co-Founder
Kevin Ryan, one of Silicon Alley's most well-known Internet entrepreneurs, is chairman and CEO of AlleyCorp, a network of affiliated Internet companies that includes six New York-based businesses - 10gen, Alley Insider, Gilt Groupe, Music Nation, Panther Express, and ShopWiki.

1 comment:

zzzzz said...

Startups are addicting...