Open Sources | Rodrigues & Urlocker » EnterpriseDB's happy old year (2006)

January 10, 2007 | Comments: (0)

EnterpriseDB's happy old year (2006)

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EnterpriseDB just completed a great year, its first year as a revenue-generating company. For those who don't know, EnterpriseDB extends the PostgreSQL open source database to basically make it drop-in compatible with Oracle databases. Not bad. EnterpriseDB isn't open source, itself, but is a nice complement to PostgreSQL.

Highlights of its year include:

• Booked millions of dollars in sales. (I know of at least one deal, and perhaps two, that were $1.5M+ in size. That's pretty hefty for any company, much less a startup vendor built on open source.)

• Raised a $20 million financing led by Fidelity Ventures. Previous investors Charles River Ventures and Valhalla Partners also participated in the round.

• Significant customer wins, including Sony Online Entertainment and Vonage,

• Nice industry awards including Best Database (LinuxWorld Expo), Red Herring 100 list, and the AlwaysOn’s AO100 list, as well as a finalist for both the CODiE and Jolt awards.

• Hired important members of the Postgres community, including Bruce Momjian and Dave Page, two of the seven-member PostgreSQL Core Team. EnterpriseDB also added PostgreSQL performance expert Simon Riggs and noted PostgreSQL author Korry Douglas.

This is all fantastic, Andy and the EnterpriseDB team. What will make it even more significant for 2007? Open sourcing your extensions. I think a dual-license model would suit you and your community, and not your competitors, very well. The kinds of customers you're signing aren't going to run an unsupported database. Just ask Oracle.

Posted by Matt Asay on January 10, 2007 02:01 PM

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