Re: EnterpriseDB funding

From: "Andy Astor" <andya(at)enterprisedb(dot)com>
To: <pgsql-advocacy(at)postgresql(dot)org>
Subject: Re: EnterpriseDB funding
Date: 2005-09-08 09:41:14
Message-ID: B319CFEC3B80D3408CA36F99ADE84094289621@edb-dc1.Edb-net.EnterpriseDB.com
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Thanks, everyone, for the congrats. Charles River and Valhalla are both
top-tier firms, and we're really excited to be working with them.
VC-funding certainly has its negatives (like giving up a big piece of
the company you founded), but they also bring a *huge* amount of
value...way more than just money.

In terms of priorities, count on us to continue to promote and support
the community actively, and to move aggressively forward on our two
primary value-added themes: compatibility and scalability.

Thanks again,

-- Andy

Andy Astor, CEO
EnterpriseDB Corporation
777 New Durham Road
Edison, NJ 08817
Tel 732.331.1310
Cell 973.879.3763
www.enterprisedb.com

> -----Original Message-----
> From: Bruno Wolff III [mailto:bruno(at)wolff(dot)to]
> Sent: Wednesday, September 07, 2005 11:18 PM
> To: Ron Mayer
> Cc: Andy Astor; pgsql-advocacy(at)postgresql(dot)org
> Subject: Re: EnterpriseDB funding
>
> On Wed, Sep 07, 2005 at 15:48:56 -0700,
> Ron Mayer <rm_pg(at)cheapcomplexdevices(dot)com> wrote:
> > Congrats EnterpriseDB guys!
> >
> >
>
http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news
_v
> iew&newsId=20050907005471&newsLang=en
> > " September 07, 2005 09:00 AM US Eastern Timezone
> > EnterpriseDB Corporation Announces $7 Million in Venture
> > Capital Financing; Charles River Ventures, Valhalla Partners
> > Co-Lead Investment in Provider of Open-Source-Based Database...
> > "
> > (for the guys who don't know, Charles River is one of the
> > top-tier VCs in the same league as the guys behind mysql)
> >
> >
> > It'll be fun to see how you guys use this money. One idea
> > that I'm sure you already thought of - perhaps team with a
> > cost effective HW provider like Rackable and win
> > the price/performance TPC benchmarks).
>
> Getting funded by a VC isn't always that great.
> http://www.spectrum.ieee.org/WEBONLY/resource/sep01/speak.html
> http://www.waxy.org/random/arsdigita/

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