B2B, Big Data, Database-as-a-Service, Open Source
Instaclustr is an open source data platform for cloud-based solutions that require immense scale, providing enterprise support and managed solutions for technologies such as Apache Cassandra.
Instaclustr’s technology addresses the needs of companies with massive data management requirements, with a particular focus on five key use cases; internet of things, personalization, messaging, fraud detection and list management.
The company offers Managed Solutions, Enterprise Support and Consulting for complex data technologies such as Apache Cassandra and Spark. Customers can run these technologies in their own infrastructure accounts, or can provision the infrastructure layer through Instaclustr's data platform choosing from AWS, Azure, Softlayer, Heroku and Google Cloud.
Instaclustr delivered year-on-year growth in recurring revenue of more than 100%. The company generates over 90% of its revenue outside of Australia. Its customer base includes global technology companies such as Atlassian, Sonos, Campaign Monitor, AdStage and MathsPathway. The company also partners with leading technology companies, Accenture and IBM, addressing the data management needs of global enterprises.
Instaclustr was founded in Canberra in 2013, initially bootstrapped by co-founders Peter Lilley and Doug Stuart following the exit of their prior company, Stratsec, to BAE Systems in 2011.
The company is headquartered in Canberra with US regional headquarters situated in Redwood City, California. The CEO, Peter Nichol, and co-founders, Ben Bromhead and Adam Zegelin, are based in California.
In August 2018, Instaclustr completed a $15.7USD capital raise led by US based growth equity fund, Level Equity. The equity value of Instaclustr implied by the Level Equity transaction lifted Bailador's carrying value to a price 224% higher than Bailador's investment less than two years earlier.
Australia: Canberra (HQ). United States: San Francisco, CA.
Bailador has released its March 2019 Shareholder Update.
This month's report features highlights including:
BTI Shareholder Update and NTA Report
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