Continuent Announces 2006 Results, Ends The Year On A High Note
Continuent announces significant increase in revenue, major customer wins, prestigious award, closing of the series B and C financing, expanded open source community, multiple product releases.
San Jose, CA (PRWEB) January 30, 2007 -- Continuent, Inc., the leading provider of commercial open source middleware solutions for database high availability, today announced its results for 2006.
In 2006, Continuent demonstrated over 50% revenue growth. The company's other noteworthy 2006 achievements included important customer wins, receipt of a prestigious industry award, additional financing, new product introductions and expanded open source community.
Continuent Has More Than 100 Customers
Continuent has remained as the main solution for many Web 2.0 companies seeking to improve availability and scalability of their LAMP (with MySQL® and PostgreSQL) and LAMJ based applications. During 2006, Continuent demonstrated its entry in the enterprise world as many leading companies including CNET®, Moody's®KMV NASDAQ®, The National Weather Service (NOOA) and Thales Group (UK) chose Continuent uni/cluster to address their database high-availability needs.
"Our market acceptance is a clear indication of the increased demand for open source databases in mission critical use and the overall positive effects of an open source economy," said Eero Teerikorpi, CEO of Continuent. "More and more companies are seeking cost effective alternatives for their database needs. Continuent uni/cluster solutions allow our customers to use MySQL and PostgreSQL with their critical applications, which earlier would have required more expensive commercial database solutions. Continuent is well positioned to continue our success in 2007 and beyond."
Prestigious Awards
At the LinuxWorld Conference & Expo® in Boston, Continuent uni/cluster for PostgreSQL received the Best Clustering Solution award, after being finalist for the same award six months earlier at the LinuxWorld® in San Francisco.
Increased Open Source Presence
Continuent's main open source project, Sequoia (at www.continuent.org), has risen in popularity, being in top 200 out of 46,000 open source projects listed by freshmeat.org. During 2006, Sequoia's vitality index peaked in top 10, which is clear indication of the strong market interest, community following and activity. Continuent has also significantly increased the third party contributions by our community members, especially in the area of database connectivity options.
Continuent is also increasingly hosting other open source projects, of which most notable is the Appia group communication solution, challenging the better, known JGroups.
New Products
Continuent is focused on business continuity solutions for the open source database market. Continuent ships the Continuent uni/cluster product family, the most comprehensive and feature rich database clustering solutions currently available on the market, based on its open source Sequoia technology (formerly known as C-JDBC). During 2006, Continuent released two versions, Continuent uni/cluster for MySQL and Continuent uni/cluster for PostgreSQL, respectively.
Noteworthy 2006 engineering milestones were extended database failover and recovery handling by extending our testing to cover over 6,000 scenarios, and greatly simplified cluster management for configuration and maintenance functions. Slated enhancements for 2007 include more granular manageability, transparent application connectivity, performance improvements and data partitioning for large database server farms.
For more information about Continuent products, visit www.continuent.com, and for information on Continuent's involvement in the open source community, visit www.continuent.org.
About Continuent
Continuent provides database high-availability and load-balancing software that ensures business continuity for the web and enterprise applications. Continuent's solutions deliver the highest levels of availability and scalability for business-critical data to eliminate costly downtime. Continuent's industry breakthrough software works with all major databases, including MySQL, PostgreSQL, Sybase®, Microsoft® SQL Server, Oracle® and IBM® DB2®, to support today's heterogeneous database environments. The company offers Continuent uni/cluster enterprise-grade database high-availability solution and Sequoia open source database clustering software for developers. Continuent is headquartered in San Jose, CA, with sales offices in UK and Finland, and a research lab in France. For more information, please visit www.continuent.com.
CNET and the red-ball design, CNET.COM, GAMESPOT, METACRITIC and the circle design, RELEASE 1.0, TECHREPUBLIC and the flag design, WEBSHOTS, and ZDNET are registered trademarks of CNET Networks, Inc. LinuxWorld Conference & Expo and LinuxWorld are registered trademarks of International Data Group, Inc. Microsoft is a registered trademark of Microsoft Corporation. Moody's is a registered trademark of Moody's Investors Service, Inc. MySQL is a registered trademark of MySQL AB in the USA and other countries. NASDAQ is a registered trademark of The Nasdaq Stock Market, Inc. Sybase is a registered trademark of Sybase, Inc. Oracle is a registered trademark of Oracle. IBM and DB2 are registered trademarks of IBM in the United States. Other products mentioned may be trademarks of their respective corporations.
# # #
Post Comment:
Trackback URL: http://www.prweb.com/pingpr.php/SG9yci1TcXVhLUhhbGYtWmV0YS1NYWduLVplcm8=
Bookmark -
Del.icio.us |
Digg |
Furl It |
Spurl |
RawSugar |
Simpy |
Shadows |
Blink It |
My Web
|
Share The News
Submit this press release easily to any of these major bookmarking and social media sites.