ie8 fix
Ad: Explore the Nikon D5100 HD-SLR.
ie8 fix

Amazon.com invests in another 'cloud'

Elastra, which provides a scalable database that's stored on Amazon's Web Services, has raised $12 million in series B funding from investors, including Amazon.

by Stefanie Olsen

Amazon.com is taking a different kind of interest in the software companies using its cloud computing services.

On Tuesday, Elastra, provider of a scalable database that's stored on Amazon's Web Services, will announce that it has raised $12 million in a series B round of financing from Amazon, Bay Partners, and previous investor Hummer Winblad.

Elastra plans to use the money to further develop its database software. Neal Dempsey of Bay Partners will join Elastra's board.

This is Amazon's second investment in less than a month in cloud computing. In July, Amazon was among several investors to put $15 million in Engine Yard, which caters to developers that work in Web development environment Ruby on Rails.

Don't Miss

CNET Update
Apple's next invention: The iPen?
Apple has filed a patent application for an iPen stylus, Draw Something loses players, and Yahoo attempts a new spin on search with the Axis tool.
Play Video
ie8 fix
  • Recently Viewed Products
  • My Lists
  • My Software Updates
  • Promo
  • Log In | Join CNET