Clusterpoint develops a database platform optimized for cloud computing infrastructure and positions it as highly scalable. The product targets enterprise users and competes against open‑source solutions such as MongoDB. The company was created by Latvian programmers and has prior backing from seed investors in the U.K. and the Baltics. Clusterpoint says the new funding will be used to scale its database for cloud deployments. Its current disclosed financing activity includes a €1 million investment from BaltCap. No operating metrics or valuation were disclosed in the article.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2012