Rackspace Makes Investment in Cloudant for NoSQL DBaaS
Grazed from Talkin Cloud. Author: Chris Talbot.
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Rackspace (NYSE: RAX) is the latest company to make an investment NoSQL database-as-a-service (DBaaS) provider Cloudant. The Rackspace investment of an undisclosed sum follows three months after Samsung Ventures made a similar strategic investment in the company.
According to a blog post by Pat Matthews, Rackspace’s senior vice president of Corporate Development, the investment in Cloudant has been made to reinforce the important of DBaaS and to help developers spend their time on building new features rather than maintaining databases. That’s where Cloudant’s DBaaS comes into play. The service was designed to "let developers focus on new development and not on operations."…


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