Terracotta raises $10M for Java tools
Terracotta is a San Francisco-based company that offers tools that lessen database overloading and simplify the architecture for Java applications.
The company decided in late 2006 to make its product open source, and now makes its income from commercial support and training services offered to Terracotta users.
The $10 million round was led by DAG Ventures, a new investor. Previous investors Accel Partners, Benchmark Capital and Goldman Sachs also participated.
Next Story: Life sciences briefing: Wednesday, Jan. 30, 2008
Previous Story: Persai, a personalized online news aggregator
About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.