DataStax

Enterprise Software

Founded: 2010

Last Round Valuation: $1.37B

DataStax is a leading provider of an open and versatile multi-cloud stack designed for modern data applications. Their platform offers enterprises the flexibility to choose their preferred cloud environment while enjoying simplicity and cost-efficiency. With DataStax, organizations can effortlessly deploy and manage vast amounts of data, accessible through APIs, to enable immersive interactions across multi-cloud, open source, and Kubernetes environments.

DataStax Overview:

DataStax is a prominent company that provides an open and versatile multi-cloud stack for modern data applications. Their platform empowers enterprises with the freedom to choose their preferred cloud environment while ensuring simplicity and cost-efficiency. By leveraging their technology, organizations can effectively manage and deploy massive volumes of data, accessible through APIs, enabling seamless interactions across multi-cloud, open source, and Kubernetes ecosystems.

The company's primary mission revolves around delivering a comprehensive solution that addresses the evolving needs of modern data-driven businesses. With DataStax, enterprises can leverage their data resources to gain valuable insights and unlock new opportunities for growth and innovation. By offering a flexible and scalable platform, DataStax enables organizations to optimize their data management processes and enhance their decision-making capabilities.

DataStax has attracted significant investments and partnerships, reflecting the confidence placed in their technology and vision. The company has successfully raised substantial funding through multiple funding rounds, demonstrating its ability to attract support from top-tier investors. This financial backing has enabled DataStax to continuously innovate and expand its product offerings, providing cutting-edge solutions for the ever-evolving landscape of data-driven applications.

Key investors and partners have played a crucial role in DataStax's growth and success. Their expertise and resources have contributed to the company's development, market presence, and ability to serve a diverse range of enterprise customers. These partnerships and investments have strengthened DataStax's position as a leading provider of open, multi-cloud data management solutions.

In summary, DataStax stands out as a leading provider of an open and flexible multi-cloud stack for modern data applications. Their platform offers enterprises the freedom of choice, simplicity, and true cloud economics to effectively manage and deploy vast amounts of data. With a strong focus on innovation and strategic partnerships, DataStax is well-positioned to address the evolving needs of data-driven businesses and help them unlock the full potential of their data assets.

Founders:

  • Matt Pfeil

  • Jonathan Ellis

  • Peter A. Mattis

Top Investors:

  • Kleiner Perkins

  • Lightspeed Venture Partners

  • Crosslink Capital

  • Goldman Sachs

  • Sequoia Capital

Funding History:


Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
May 2021 Series F-2 $175MM $371.29MM $8.66 $1.72B Undisclosed Investors
May 2021 Series F-1 $37.57MM $233.86MM $7.53 $1.37B Goldman Sachs
Sep 2014 Series E $111.97MM $196.29MM $7.18 $937.65MM Kleiner, Perkins, Caufield & Byers
Aug 2013 Series D $45.3MM $84.32MM $3.92 $374.5MM Scale Venture Partners, DFJ Growth, Next World Capital
Oct 2012 Series C $25MM $39.02MM $1.74 $151.5MM Meritech Capital Partners, Lightspeed Venture Partners, Crosslink Capital
Sep 2011 Series B $11.45MM $14.02MM $0.45 $26.75MM Crosslink Capital, Lightspeed Venture Partners
Oct 2010 Series A $2.57MM $2.57MM $0.40 $12.5MM Lightspeed Venture Partners, Sequoia Capital

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