{"id":568695,"date":"2010-05-18T07:00:09","date_gmt":"2010-05-18T11:00:09","guid":{"rendered":"http:\/\/gigaom.com\/?p=120725"},"modified":"2010-05-18T07:00:09","modified_gmt":"2010-05-18T11:00:09","slug":"northscale-caches-10m-in-vc-funds-gets-new-ceo","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/568695","title":{"rendered":"NorthScale Caches $10M in VC Funds, Gets New CEO"},"content":{"rendered":"

NorthScale<\/a>, a Memcached-focused startup<\/a> based in Mountain View, Calif., says it has raised $10 million in Series B funding from Mayfield Fund. Previous investors Accel Partners and North Bridge Venture Partners also invested in this round of funding. NorthScale has so far raised a total of $15 million in two rounds of financing. Memcached<\/a> is used by thousands of websites, including Wikipedia, Twitter and Flickr. It’s a \u201chigh-performance, distributed memory object caching system and it is a way to speed up dynamics web applications by alleviating the database load.\u201d<\/p>\n

In addition to the new funds, NorthScale has hired a new president and CEO: Bob Wiederhold, a veteran of enterprise-focused companies including Transitive Corp. (acquired by IBM) and Cadence Design Systems. NorthScale was started by folks involved with the Memcached technology and it makes two major products: NorthScale Memcached Server and the Membase Server. It’s one of the many companies that are part of the noSQL movement.<\/p>\n

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NorthScale, a Memcached-focused startup based in Mountain View, Calif., says it has raised $10 million in Series B funding from Mayfield Fund. Previous investors Accel Partners and North Bridge Venture Partners also invested in this round of funding. NorthScale has so far raised a total of $15 million in two rounds of financing. Memcached is […]<\/p>\n","protected":false},"author":674,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-568695","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/568695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/674"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=568695"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/568695\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=568695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=568695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=568695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}