IBM Acquires Database-As-A-Service Startup Compose


IBM today announced that it has acquired Compose, the Y Combinator-backed database-as-a-service startup originally known as MongoHQ. Financial terms of the acquisition were not disclosed.

Compose had raised $6.4 million since it launched in 2010 — most of it in a Series A round in 2012 that was led by Trinity Ventures.

And IBM spokesperson tells us that Compose, which has offices in San Mateo, California and Birmingham, Alabama, will continue to operate as usual after the acquisition closes and that current users will not be impacted by this change. Compose says about 3,600 companies currently use its services and that its users, which span industries ranging from retail to IoT and marketing services, have spun up over 100,000 databases so far.

While Compose started out as a MongoDB database specialist, the company now offers services around MongoDB, Elasticsearch, RethinkDB, Redis and PostgreSQL. The overall idea behind Compose…

View original post 250 more words


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s