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Article: United States : EnterpriseDB, Postgres Maker, Raises $19 Million.
- Article from:
- TendersInfo
- Article date:
- October 30, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mamta03
EnterpriseDB, the company with Postgres Plus, a commercial database system based on open source PostgreSQL, has finished a third round of funding amounting to $19 million. Investors included IBM and Red Hat.
IBM was an investor in EnterpriseDB's second round of funding and lead this round. Red Hat has distributed the open source code PostgreSQL, often simply pronounced Postgres, for nine years as part of its Red Hat Enterprise Linux distribution, but this is the first time it's invested in a firm based on the project's BSD-licensed, open source code.
EnterpriseDB sells a commercial version, Postgres Plus, which CEO Ed Boyajian ...