MarkLogic Raises $102M for Europe, APAC Market Push; Gary Bloom Comments

by Anna Forrester May 13, 2015, 8:48 am

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MarkLogicÂ has raised $102 million in funds to supportÂ its efforts to expand the reach of itsÂ Enterprise NoSQL database platform throughout Europe andÂ the Asia-Pacific region.

The company said TuesdayÂ it secured the investments fromÂ Wellington Management Company, Arrowpoint Partners, Northgate Capital, Sequoia Capital and Tenaya Capital.

Gary Bloom, president and CEO ofÂ MarkLogic, said investors believe there isÂ market opportunity for MarkLogic’s enterprise-built database platform.

Allen & CompanyÂ acted as financial adviser for this round of financing, which MarkLogic says hasÂ generated more funds than the target of $70 million.

Allen & Company Arrowpoint Partners Asia-Pacific database platform Enterprise NoSQL Europe funding Gary Bloom Govcon market expansion MarkLogic Northgate Capital Sequoia Capital Tenaya Capital Wellington Management Company

Written by Anna Forrester

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MarkLogic Raises $102M for Europe, APAC Market Push; Gary Bloom Comments

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