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

LSEG Launches REDI on Workspace in Strategic Move to Unify Buy-Side Execution

LSEG Data & Analytics has launched REDI on Workspace, a significant step in its strategy to create a unified, end-to-end ecosystem for the buy-side. The new offering embeds the execution management capabilities of its REDI platform directly into LSEG Workspace, its flagship data and analytics platform. The move is the culmination of a multi-year strategy...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Entity Data Management & the LEI

Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...