Clusterpoint Receives €1 Million From BaltCap


BaltCap has invested in Clusterpoint to the tune of €1 million, TechCrunch reports. The Latvian company produces its own, designed from ground up database software product-- Clusterpoint data base management system (Clusterpoint DBMS) and related application software. Their software allows customers to simplify database design, and scale out big data in clusters without performance loss.

Clusterpoint produces reliable, high-performance cloud computing DBMS software built on NoSQL. It uses a novel ranked indexing method applied for entire database content that scales out in clusters nearly linearly using nodes with relatively modest computing resources. Using this ranked index, Clusterpoint software provides sub-second database search without performance loss characteristic to legacy SQL databases. It also advertises itself as providing a rich enterprise search experience, independently of the total database size and number of cluster servers.

Clusterpoint database products are licensed in classic-enterprise way or as SAAS (software as a service in the cloud infrastructure).

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