Database company TileDB on Wednesday said it has received strategic investments from the ventures arms of Lockheed Martin [LMT] and Japanese mobile phone operator NTT Docomo that will help the company advance key projects and further develop its universal database.
The amounts of the investments were not disclosed.
“As the volume and velocity of data critical to our customers and industry partners increases, Lockheed Martin recognizes the crucial role that advanced data management systems play in this evolution,” Chris Moran, head of Lockheed Martin Ventures, said in a statement. “We’re excited to invest in TileDB who is pioneering solutions for complex data access and analysis needs.”
TileDB, which is based in Massachusetts, said it has created a universal database that uses multi-dimensional arrays to model and store any type of data in the cloud or on-premises and analyze it with any programming language or tool. This standardization enables scalability, interoperability and global-scale collaboration, the company said.
“The TileDB team is excited to work with expert engineers and scientists at these leading organizations targeting insanely difficult problems,” Stavros Papadopoulos, CEO and creator of TileDB, said in a statement. “This is about pushing the boundaries of data management by redefining it. We get to prove that diverse uses cases can be addressed with a unified, foundational solution in a way that, frankly, no existing solution has ever accomplished.”