EnterpriseDB, which provides products, services, support and training based on the PostgreSQL open source database project, has received a strategic investment from KT (formerly Korea Telecom) and has accepted venture capital funding from new investment partner TransLink Capital. EnterpriseDB says the new funding will enable it to expand its product and marketing operations to capitalize on the upheaval in the database market caused by consolidation and an enterprise platform shift to virtualized and cloud infrastructure.
