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July 17, 2012 11:44 pm GMT

Big in Japan: Open Source NoSQL Company Basho Lands New $11.5 Million Round of Funding

Basho-logo-smallBasho, the company behind the open source NoSQL database Riak and the proprietary cloud storage system Riak CS, today announced a $11.5 million Series F round of funding lead by Georgetown Partners. The majority, $6.1 million, of this round comes from a new investor: IDC Frontier, a subsidiary of Yahoo Japan (no relation to the analyst firm).

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