VC Investors Clamor to Invest in Database Software
February 28, 2013
It seems that venture capitalists are clamoring to back Database Software companies like Nexenta Systems, which raised an oversubscribed Series D round of financing to the tune of $24 million just this week (full story in today’s newsletter). According to the PitchBook Platform, 154 Database Software companies headquartered in the U.S. and Canada have received venture funding since the beginning of 2011. Last year saw a significant upswing in capital invested, jumping from $857 million in 2011 to $1.1 billion in 2012. Even before the close of the first quarter, 2013 is already raring to match or surpass last year’s impressive intake of VC funds, with $242 million currently on the books. Accel Partners, Andreessen Horowitz, Google Ventures, Greylock Partners, Khosla Ventures and North Bridge Venture Partners are all leading investors in this space, each with six investments during the 2011-present timeframe.
PitchBook Platform users can click on the chart above or here to customize it.