World’s Leading Enterprise Open Source Database Company Sets Up India Operations Following Record $20 Million Financing
ISELIN, N.J.,U.S.A. and PUNE, INDIA.,Oct. 3, 2006 –
EnterpriseDB, the world’s leading enterprise open source database company, announced today the opening of a software development center in Pune, India. EnterpriseDB is headquartered in Iselin, N.J., U.S.A., operates the Enterprise Performance Centre near Oxford in the U.K., and also has a software development center in Islamabad, Pakistan. The company also announced that it is aggressively seeking to hire the best software engineering talent. More information about EnterpriseDB and free downloads of the award-winning EnterpriseDB Advanced Server RDBMS are available at www.enterprisedb.com.
EnterpriseDB has enhanced PostgreSQL, the world’s most advanced open source database, to create the award-winning EnterpriseDB Advanced Server, an enterprise-class database that can run applications written for Oracle and performs 50% better than PostgreSQL. EnterpriseDB also offers a comprehensive suite of tools for developers and DBAs and world-class, around-the-clock technical support. EnterpriseDB employs more than 130 people around the world and has raised more than US$28.5 million from leading venture capitalists, including Charles River Ventures, Fidelity Ventures, Sony Online Entertainment, and Valhalla Partners, making EnterpriseDB the world’s leading provider of enterprise-class PostgreSQL-based products and services.
Forrester Research, a leading independent technology and market research company, recently reported that open source databases will continue to gain traction over closed source databases as the features and functionality of the open source offerings improve and as enterprise adoption of open source databases continues. In the same report, Forrester estimated the open source database market to be US$300 million and forecasted its likely growth to US$1 billion by 2008.
Partnering with the Best
EnterpriseDB has strategic partnerships with leading companies, including Business Objects, JBoss, Novell, Red Hat, Sun Microsystems, SugarCRM, and many others. A complete list of EnterpriseDB partners is available at www.enterprisedb.com/partner-programs/.
An Award-Winning Company
At the LinuxWorld Conference and Exposition last month in San Francisco, the Linux community's premier event, EnterpriseDB was awarded the LinuxWorld Product Excellence Award in the Best Database Solution category, besting Oracle and many other leading commercial and open source database providers. This is the second consecutive year that EnterpriseDB has received this prestigious honor.
In 2006, EnterpriseDB was also named to the AlwaysOn Top 100 Private Companies and Red Herring 100 North America lists, and the company was a finalist for both the Jolt Product Excellence and Productivity Award and the CODiE Award in the Best Database Management category. In 2005, the company was named one of three “Ones to Watch” at the Open Source Business Conference in Boston.
About EnterpriseDB Corporation
EnterpriseDB develops and supports EnterpriseDB Advanced Server, an enterprise-class relational database management system (RDBMS) that is built on PostgreSQL, the world's most advanced open source database. EnterpriseDB Advanced Server is compatible with Oracle applications, has the reliability and scalability necessary for high-volume, mission-critical enterprise use, and is very affordable. EnterpriseDB has offices in the U.S., Europe, and Asia and the world's leading provider of enterprise-class PostgreSQL-based products and services. EnterpriseDB was founded in March 2004, and is headquartered in Iselin, N.J. For more information please contact +1-732-331-1300 or visit www.enterprisedb.com.
# # #
Prequent, Inc. (for EnterpriseDB Corporation)