About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

MemSQL Launches In-Memory Database

Subscribe to our newsletter

Startup MemSQL has gone public with the launch of its in-memory database, and has named a number of investors who are backing it to the tune of $5 million.  A key feature of the database is the translation of queries from SQL to C++ in order to boost performance.

Other key features pitched by the company include:

  • Predictable sub-millisecond response times for faster retrieval and analysis on massive datasets
  • Increased transactional throughput on commodity hardware
  • Distributed architecture for scale
  • Real-time analytics on data in flux
  • Durability and replication in event of failure
  • One-command install and flat learning curve for MySQL users
  • Benefits of SQL at NoSQL speeds

MemSQL – founded last year by Eric Frenkiel, CEO, and Nikita Shamgunov, CTO – also announced that the company has secured a total of $5 million in funding.  The company’s investors are a combination of venture capitalists and angels, including First Round Capital, IA Ventures, NEA, SV Angel, Y Combinator, Paul Buchheit, Ashton Kutcher, Max Levchin and Aaron Levie.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Enhancing trader efficiency with interoperability – Innovative solutions for automated and streamlined trader desktop and workflows

Traders today are expected to navigate increasingly complex markets using workflows that often lag behind the pace of change. Disconnected systems, manual processes, and fragmented user experiences create hidden inefficiencies that directly impact performance and risk management. Firms that can streamline and modernise the trader desktop are gaining a tangible edge – both in speed...

BLOG

Modern Data Platforms Empower Critical Use Cases: Webinar Preview

No longer is it enough for financial institutions to be simply “on top” of their data management architecture. They need to be constantly looking for the next innovation to keep them ahead of the game in this fast-moving space. That’s why modern data management platforms are the focus of so many organisations at the moment....

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Best Practice Client Onboarding

Client onboarding is central to the success of banks, yet it continues to present challenges and the benefits of getting it right are difficult to achieve. The challenges arise from siloed systems, manual processes and poor entity data quality. The potential benefits of successful implementation include excellent client experience, improved client acquisition and loyalty, new business opportunities, reductions in costs, competitive advantage, and confidence in compliance.