Apple reportedly bought FoundationDB

25 Mar 2015 | Author: | No comments yet »

Apple Acquires Durable Database Company FoundationDB.

Apple bought a start-up that’s developing a lightning-fast database, a sign the tech giant may be seeking ways to run software services like iMessage more efficiently.Apple has reportedly acquired database company FoundationDB, a move that would allow the company to improve the underpinnings of its existing services and also lay the groundwork for an Internet of Things (IoT) expansion.FoundationDB, which developed popular NoSQL databases and related software has been around since 2009 and raised $22.7 million in two funding rounds since then.

But it needs to have solid expertise in-house in order to build and maintain infrastructure behind services such as iTunes and iCloud and also hold its own ground against data hungry companies like Google and Facebook. “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,” Apple told TechCrunch, in response to an inquiry about the company. Apple agreed to acquire FoundationDB, a Virginia-based startup that developed database technology designed to crunch massive quantities of digital information very quickly. FoundationDB hosted a booth at TechCrunch Disrupt SF in 2012, where we first wrote about its approach to a modern NoSQL database and its ‘NoSQL, YesACID’ motto.

Peter Goldmacher, a former Wall Street software analyst who works for Aerospike Inc., a competitor of FoundationDB, said this type of database technology lets companies process information at high speed without incurring the typical huge costs for computer servers and the people to run them. Apple should be able to take advantage of this performance across most of its services, including iTunes, the App Store and a rumored TV streaming service. At current (December 2014) AWS (non-spot) pricing and including enterprise FoundationDB licenses for all 480 cores with full 24/7 support this mega-cluster only costs about $150/hr. The company has already dipped its feet in that rapidly growing sector with HomeKit, a framework in iOS 8 for communicating with and controlling connected things in a user’s home. It could be as simple as Apple deciding its the easiest way to improve its under-the-hood sever technology, improving the systems behind its Cloud servers and App Store better.

FoundationDB had raised a total of $US22.7 million, including $US17 million in November 2013, according to Crunchbase, which tracks funding of start-ups.

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