27
May
Aerospike Inc., which sells a highly scalable, real-time NoSQL database management system, said today it closed a $109 million investment round led by Sumeru Equity Partners LP with participation from Alsop Louie Partners LLC. That brings its total funding to $241 million. Aerospike’s flash-optimized in-memory model scales from gigabytes to petabytes with high consistency and low latency. Its core markets are advertising technology, financial services, telecommunications, retail and healthcare. The model is available in an open-source community edition and as a commercial product with enterprise features. “Our value is that we can linearly scale with our customer and still deliver…