Thursday, February 7, 2013

Samsung Invests In Cloudant, A CIA-Backed, YC Alum That Specializes In Database-As-A-Service Technologies

cloudant-logoSamsung continues to come good on its commitment to investing in more startups that will help it build out its portfolio of services beyond hardware. Today the company announced that it has taken a strategic investment in Cloudant -- a specialist in cloud-based mobile enterprise solutions, specifically around the area of NoSQL and database-as-a-service technology. By way of an investment from In-Q-tel, Cloudant counts the CIA and other U.S. intelligence agencies among its backers, and customers. And, perhaps in keeping with what you might expect from a company that works with the CIA, the value of Samsung's investment announced today has not been disclosed.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/8A-nf4-fj_Y/

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