Exclusive: Big Data Startup Acunu Raises Small Funding

Data storage startup Acunu has closed on a £2.2 million ($3.6 million) Series A round to help bring its first product to market. The London-based company raised the money from Eden Ventures, Oxford Technology Management and Pentech Ventures LLP, and the round brings Acunu’s total funding to £3.1 million.

Acunu makes software that will help solid state drives act as a more efficient bridge between expensive, in-memory RAM and cheap-but-slow hard disks. Instead of writing to hard drives and leaving information locked away, today’s applications want access — and quickly — to a much larger percentage of data stored in memory or on memcached servers or SSDs near the web server. But that speed comes at a cost, and the closer to the compute the storage is, the more expensive it is. SSDs are emerging as a good compromise, but Acunu believes there’s a niche it can fulfill by rewriting the software stack for SSDs.

The Acunu software runs on commodity servers, and appears optimized for solid state drives. It’s in private beta with a few undisclosed companies in the social media, advertising and cloud computing sectors participating. The software kernel uses a modified version of the Cassandra database for input and allows for multiple queries on distributed databases, giving one a unified view of the databases, which is key for companies with multiple data stores around the world.

For more on the topic of big data, including some hot startups, I hope to see you at our Structure: Big Data event on March 23 in New York.

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