Instaclustr runs Cassandra databases in public clouds (AWS, Azure, Softlayer, etc) for its customers, in addition to providing support and consulting services.
Unlike traditional database systems, Cassandra can easily handle more data than will fit on a single server. It is highly scalable and is very resilient, being able to withstand the failure of multiple servers, co-founder and chief technology officer Ben Bromhead told iTWire.
High-profile users of the software, which originated at Facebook, include Netflix, Apple, Spotify and ING, he said.
In Australia, Instaclustr is targeting the fintech, adtech, Internet of Things, social media and security markets. Chief marketing officer Doug Stuart told iTWire that the company was in "genuine discussions" with banks around the need for high availability coupled with the desire for personalisation and recommendation.
Having gone from zero to 100 customers in just over a year, "we think we've got a great growth trajectory", Nichol said.
Although the company has its headquarters in California, its roots are in Canberra and that's where it intends to keep its development and support operations, as that provides a strategic advantage in that Instaclustr has assembled a world-class team that would cost a lot more in Silicon Valley.
Instaclustr is looking for additional investment to fund further growth, and is open to either another round of private investment or an IPO, according to Nichol. The important thing is to get the right investors onboard, he added.