SQL chip company raises $20 mil Series B
Tiny URL: http://tinyurl.com/5bxhja
Kickfire™, Inc. has announced that it has closed a $20 million Series B financing. Pinnacle Ventures led the round and Series A investors Accel Partners, Greylock Partners, and The Mayfield Fund reinvested. The capital will be used to build out the sales, marketing and customer operations infrastructure to bring the Kickfire appliance to market.
Kickfire delivers complex query performance 10-100X faster than a traditional RDBMS. At the core of the appliance is the world’s first SQL chip that uses parallel, pipelined data flow to deliver the power of tens of high-end, general purpose CPUs. With large on-board memory, compressed columnar storage, automatic index creation and a SQL chip-aware query optimizer that rewrites queries for fast hardware-based execution, Kickfire redefines high-performance query processing without relying on hardware buildouts or complex tuning.
Kickfire database appliances bring together hardware and software innovations for high-performance database queries. With patented hardware and state-of-the-art software technology, Kickfire is able to deliver high-end performance without the expense and complexity of other solutions.
With Sun acquiring MySQL, the open source database market has gotten a huge validation. Forrester Research estimates the size of the open source database market including software licensing, technical support, and services will reach $1.2 billion by 2010. It would not be a big surprise if Sun swoops up KickFire to enhance it’s mysql portfolio with a server that has a SQL accelerator chip!
