Industry News Desk
Rackspace Acquires DBaaS Provider ObjectRocket
Broadens its OpenStack-based open cloud platform to offer customers a NoSQL Database as a Service
By: Liz McMillan
Feb. 27, 2013 11:00 AM
“Databases are the core of any application and expertise in the most popular database technologies will be critical to us delivering Fanatical Support in the open cloud,” said Pat Matthews, SVP of corporate development at Rackspace Hosting, as it was announced that Rackspace has entered into a definitive agreement to acquire ObjectRocket, a MongoDB database as a service (DBaaS) provider.
With ObjectRocket’s open source-based MongoDB solution, Rackspace will broaden its OpenStack-based open cloud platform to offer customers a NoSQL DBaaS. The ObjectRocket offering also immediately expands Rackspace’s capability to help customers shoulder big data in the cloud for today’s most demanding applications. The acquisition will close today.
According to a report from The 451 Group, “NoSQL software revenue is expected to grow at a CAGR of 82 percent to reach $215 million by 2015.” With the acquisition of ObjectRocket, Rackspace will establish a strong presence within the high growth, NoSQL database market. The ObjectRocket offering will be available in early March for Rackspace customers in its Chicago facility and will soon be deeply integrated across Rackspace's Open Cloud portfolio. ObjectRocket also leverages AWS Direct Connect to provide low latency and free bandwidth to AWS customers and will continue to be sold as a standalone service.
The ObjectRocket founding team collectively brings more than 50 years of experience in scaling large data systems, including MongoDB. They have also designed and managed systems that power some of the busiest sites on the web, and played key founding development roles at companies like Shutterfly, PayPal, eBay and AOL. Co-founder Kenny Gorman has also been recognized as a MongoDB Master, which is a designation awarded by 10gen to only 35 MongoDB core contributors and community evangelists around the world.
“ObjectRocket is thrilled to join the Rackspace family. With Rackspace’s open cloud philosophy and our shared emphasis on providing the highest level of customer support, we feel this union is an ideal fit,” said Chris Lalonde, co-founder and CEO of ObjectRocket. He added:
“Since the beginning, our focus has been on creating a DBaaS platform that would perform, scale and support critical workloads in a superior manner. Joining forces with Rackspace will enable us to achieve this goal, while delivering one of the most advanced MongoDB DBaaS solutions on the market.”
ObjectRocket’s platform is specifically architected to provide an easy-to-use, consistently fast and scalable MongoDB environment. The platform also offers best-in-class features, which include:
“As the inventors and leading developers of MongoDB, 10gen is pleased to support Rackspace and their customers in the launch of Rackspace’s first non-relational database as a service product,” said Max Schireson, CEO of 10gen. “We think the market will be excited to see Rackspace deliver a NoSQL DBaaS offer based on MongoDB, the most popular NoSQL database.”
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