PostgreSQL

Aiven Achieves $2B Unicorn Valuation with its Series C Extension

Tuesday, October 19, 2021 - 1:00pm

HELSINKI, Finland, Oct. 19, 2021 /PRNewswire-PRWeb/ -- Aiven , a software company that combines the best open source technologies with cloud infrastructure, today announced a $60M Series C extension at a $2B valuation, bringing the total Series C round to $160M.

Key Points: 
  • HELSINKI, Finland, Oct. 19, 2021 /PRNewswire-PRWeb/ -- Aiven , a software company that combines the best open source technologies with cloud infrastructure, today announced a $60M Series C extension at a $2B valuation, bringing the total Series C round to $160M.
  • In a testament to the growth and potential Aiven showcases in its capabilities, a number of investors increased their capital commitments to Aiven just seven months after the company's successful $100 million Series C .
  • Aiven currently has more than 230 employees scaling global hubs from Helsinki, reaching Berlin, Boston, Toronto and Sydney.
  • Following the fundraise, the company will expand its reach in the Asia-Pacific region by opening an office in Singapore.

Babylon announces new collaboration with Microsoft to drive healthcare innovation and improve health access and affordability around the world

Monday, October 18, 2021 - 5:45pm

REDMOND, Wash. & PALO ALTO, Calif., Oct. 18, 2021 /PRNewswire/ -- Babylon, a world leading digital-first, value-based care company today announced a collaboration to explore opportunities to improve the accessibility, affordability and quality of healthcare for people across the world by using their combined AI, Machine Learning and Cloud technologies. 

Key Points: 
  • "Babylon and Microsoft working together shows our combined commitment to build on our leading-edge digital health technologies and deliver better access and greater affordability for health systems and patients alike", said Ali Parsa, Chief Executive Officer, Babylon.
  • The initial step in this collaboration will see Babylon's digital health software solutions and Babylon's Cloud Services, made available on the Microsoft Azure Marketplace .
  • Babylon is a world leading, digital-first, value-based care company whose mission is to make high-quality healthcare accessible and affordable for everyone on Earth.
  • Babylon is re-engineering healthcare, shifting the focus from sick care to preventative healthcare so that patients experience better health, and reduced costs.

Babylon announces new collaboration with Microsoft to drive healthcare innovation and improve health access and affordability around the world

Monday, October 18, 2021 - 2:42pm

"Babylon and Microsoft working together shows our combined commitment to build on our leading-edge digital health technologies and deliver better access and greater affordability for health systems and patients alike", said Ali Parsa, Chief Executive Officer, Babylon.

Key Points: 
  • "Babylon and Microsoft working together shows our combined commitment to build on our leading-edge digital health technologies and deliver better access and greater affordability for health systems and patients alike", said Ali Parsa, Chief Executive Officer, Babylon.
  • The initial step in this collaboration will see Babylon's digital health software solutions and Babylon's Cloud Services, made available on the Microsoft Azure Marketplace .
  • Babylon is a world leading, digital-first, value-based care company whose mission is to make high-quality healthcare accessible and affordable for everyone on Earth.
  • Babylon is re-engineering healthcare, shifting the focus from sick care to preventative healthcare so that patients experience better health, and reduced costs.

A Growing Number of Businesses Rely on Comprehensive Software Solutions

Thursday, October 14, 2021 - 2:00pm

The growing capital investment on application development for mobile, web and enterprise promises significant growth opportunity for the market for application segment.

Key Points: 
  • The growing capital investment on application development for mobile, web and enterprise promises significant growth opportunity for the market for application segment.
  • EBITDA for Q3 2021 is also expected to be significantly higher than Q3 2020 with projected growth well over 100%.
  • 'We are pleased to announce this milestone in our revenue growth as well as continued profitability for the third quarter of 2021.
  • 2 Enterprise Search Software on the Fall 2021 Grid Report* by G2.com, Inc., a leading software review platform.

A Growing Number of Businesses Rely on Comprehensive Software Solutions

Thursday, October 14, 2021 - 2:00pm

NEW YORK, Oct. 14, 2021 /PRNewswire/ -- Technology has become the driving force for virtually every industry. In particular, cloud computing has become a major global industry and is primarily comprised of three main segments: infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and notably, software-as-a-service (SaaS). SaaS is a software distribution model in which a third-party provider hosts various applications. In return, the SaaS providers distribute the applications and make them available for consumers across the web. SaaS is the exterior portion that consumers see on their web page browser, however, IaaS and PaaS are the interior infrastructures that make it all possible. Snipp Interactive Inc. (OTC: SNIPF) (TSX-V: SPN), Zuora, Inc. (NASDAQ: ZUO), Yext, Inc. (NYSE: YEXT), Cloudera, Inc. (NYSE: CLDR), Nutanix, Inc. (NASDAQ: NTNX)

Key Points: 
  • The growing capital investment on application development for mobile, web and enterprise promises significant growth opportunity for the market for application segment.
  • EBITDA for Q3 2021 is also expected to be significantly higher than Q3 2020 with projected growth well over 100%.
  • 'We are pleased to announce this milestone in our revenue growth as well as continued profitability for the third quarter of 2021.
  • 2 Enterprise Search Software on the Fall 2021 Grid Report* by G2.com, Inc., a leading software review platform.

Innovation Drives Phenomenal Growth for Magaya in Third Quarter of 2021

Wednesday, October 13, 2021 - 2:00pm

Magaya began Q3 with positive momentum, a result of its ability to deliver H1 sales and operating performance above expectations.

Key Points: 
  • Magaya began Q3 with positive momentum, a result of its ability to deliver H1 sales and operating performance above expectations.
  • Augmenting its organic growth, Magaya completed the dual acquisition of Qwyk, an industry-leading, cloud-based digital freight forwarder platform, and SimpliShip, a freight marketplace platform focused on API connectivity and freight procurement innovation.
  • You won't want to miss what's coming next from Magaya as 2021 comes to a close and we prepare for a new year ahead."
  • There are no limits to your growth with Magaya.

Airbyte Announces Cloud Service With Pricing Adapted to Growing Data Volumes

Tuesday, October 12, 2021 - 5:00pm

Airbyte , creators of the fastest-growing open-source data integration platform, launched its cloud service for moving data, which will unify other data integration systems that companies use.

Key Points: 
  • Airbyte , creators of the fastest-growing open-source data integration platform, launched its cloud service for moving data, which will unify other data integration systems that companies use.
  • Airbyte Cloud moves away from the industry-norm volume-based pricing, which prevents companies from replicating data sources with high volumes, like databases, because the cost becomes prohibitive.
  • Now, companies can do it all from Airbyte Cloud at a fraction of the cost, said Michel Tricot, co-founder and CEO of Airbyte.
  • Airbyte is the open-source data integration alternative running in the safety of your cloud and syncing data from applications, APIs, and databases to data warehouses, lakes, and other destinations.

KuberLogic – A New Open-Source PaaS Solution from CloudLinux

Tuesday, October 12, 2021 - 12:05am

KuberLogic allows administrators to run and deploy key open-source components with simple configurations and high availability.

Key Points: 
  • KuberLogic allows administrators to run and deploy key open-source components with simple configurations and high availability.
  • Organizations without a dedicated team struggle to find the right solution that will automate the provisioning of managed database services.
  • With KuberLogic, the infrastructure team can leverage cloud providers without Kubernetes automation tools and run managed databases at no extra cost.
  • KuberLogic already supports MySQL, PostgreSQL and soon will cover Redis and other popular software for virtual machines and storage integration.

Timescale Announces Support for OpenTelemetry Traces in Promscale

Monday, October 11, 2021 - 2:17pm

Today, Timescale , the creators of TimescaleDB - the category-defining relational database for time-series - announced the release of support for OpenTelemetry traces in Promscale , the observability backend for metrics and traces powered by SQL ( read the full blog post ).

Key Points: 
  • Today, Timescale , the creators of TimescaleDB - the category-defining relational database for time-series - announced the release of support for OpenTelemetry traces in Promscale , the observability backend for metrics and traces powered by SQL ( read the full blog post ).
  • Promscale ingests and stores OpenTelemetry, Jaeger, and Zipkin traces and provides integration, analysis, and visualization support for existing open-source tools, Jaeger and Grafana.
  • With the new support for traces, Promscale provides a single database and unified query language for metrics, traces, and business data.
  • The new support for traces in Promscale provides developers with a single observability backend and full SQL query language for their Prometheus metrics and OpenTelemetry traces.

Percona Announces General Availability of Kubernetes Operator for PostgreSQL, Expands Managed Services

Thursday, October 7, 2021 - 12:38pm

Percona , a leader in open source database software and services, today announced the general availability of its new Kubernetes Operator for PostgreSQL.

Key Points: 
  • Percona , a leader in open source database software and services, today announced the general availability of its new Kubernetes Operator for PostgreSQL.
  • Percona Managed Services help developer teams to manage and improve database performance for their implementations.
  • Percona Distribution for PostgreSQL Operator manages the orchestration of container images to ensure a self-healing, consistent, and secure Kubernetes-based deployment.
  • Percona Managed Services provides the expertise and experience to support those specific deployment needs, so application deployments can run successfully and operating costs can be controlled, said Nick Herring, Director of Managed Services at Percona.