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How engineers fought the CAP theorem in the global war on latency – TechCrunch
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Cockroach Labs Names Lorenzo Montesi as CFO
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Database startup Cockroach Labs Inc. has achieved unicorn status after raising $160 million at a $2 billion valuation, double what it was worth last May.
The round, disclosed today, was led by Altimeter Capital. It also saw the participation of other familiar names from the tech investment ecosystem including Alphabet Inc.’s GV venture capital arm, Index Ventures and Tiger Global, among others.
Cockroach Labs provides a cloud-native SQL database called CockroachDB that is compatible with Kubernetes. The database’s name is a nod to its resilience: CockroachDB can keep a company’s information accessible even in the event of a major technical malfunction, such as if an entire rack of servers inside a data center goes offline.
10 Ways To Boost Cloud Performance
From block-and-file storage to AI-powered document processing to Kubernetes enrichment for log management, here are 10 offerings from tech’s dynamic cloud sector. By Donna Goodison December 14, 2020, 02:53 PM EST
The coronavirus pandemic has proved an endorsement of the need for organizations to move to the cloud to maintain business continuity, service their customers and ensure their remote workforces remain connected and can access the right tools to stay productive.
The percentage of overall IT spending dedicated to cloud is expected to continue to increase at an accelerated pace post-pandemic, with Gartner forecasting that cloud spending will account for 14.2 percent of the total global enterprise IT spending market in 2024, up from 9.1 percent this year.
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