The main activity of the local research and development branch will focus on the client side, and the database’s connectivity to other systems in organizational IT.

If your customers have a subpar experience — even for a brief period — you have big problems.

Silicon Valley database startup Aerospike plans to use its fresh capital to scale worldwide.

Aerospike, a Mountain View, CA-based provider of real-time NoSQL data solutions, raised $32m in Series D funding.

Aerospike, the real-time NoSQL database vendor, said this week it raised $32 million in its most recent funding round, underscoring growing investor growing investor confidence in big data startups exhibiting the ability to scale and while accelerating delivery of data analytics results.

Businesses lose billions of dollars per year to online payment fraud. Not only do fraudulent transactions impact revenue but they also compromise user trust and lifetime value. To prevent fraud, financial institutions must balance identifying criminal behavior with minimizing friction for trusted users.

FinTecBuzz interview with Aerospike CEO, John Dillon

Time is compressing. The attention span of individuals and organizations is becoming ever shorter. There are only brief windows that can be devoted to any given transaction.

Predictions indicate that within three years, 75% of all databases will be in the cloud. As this becomes the new norm, companies worldwide are racing to get in on the cloud-based action. However, the need to be in the cloud is manifesting as an aggressive endeavour for many organisations. As well as this, real-time data has also risen to the surface as a necessity. These factors are certain to affect every industry.

The data industry, even in its renewed form, has matured. It’s moved on from obsession with mere capabilities and is focused on success of implementation. The news out of last week’s Strata Data conference in New York reflects the change.