EnterpriseDB Gets $7.5M

7/14/10Follow @xconomy

[Updated. 9:26 am Eastern time on 9/02/10. See below] EnterpriseDB, a Westford, MA-based provider of database management software that can run on cloud computing systems, has raised $7.5 million of a round of equity, options, and warrants to expand its product and marketing operations. The round could eventually total $12 million, an SEC filing revealed. The new investors in the funding round were KT (formerly Korean Telecom) and TransLink Capital. The firm’s previous backers include  IBM, NTT, Red Hat, Sony, Volition Capital, Charles River Ventures, and Valhalla Partners. In 2008, Wade profiled EnterpriseDB, whose systems run on PostgreSQL, an open-source database. (Editor’s note: this news brief was updated to include information from the company’s press release about its financing on Aug. 31.)

By posting a comment, you agree to our terms and conditions.