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	<title>VentureBeat &#187; mongo DB</title>
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		<title>Rackspace snaps up open-source database firm ObjectRocket</title>
		<link>http://venturebeat.com/2013/02/27/rackspace-snaps-up-open-source-mongodb-service-objectrocket/</link>
		<comments>http://venturebeat.com/2013/02/27/rackspace-snaps-up-open-source-mongodb-service-objectrocket/#comments</comments>
		<pubDate>Wed, 27 Feb 2013 17:51:34 +0000</pubDate>
		<dc:creator>Christina Farr</dc:creator>
				<category><![CDATA[Big Data]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Cloud]]></category>
		<category><![CDATA[Deals]]></category>
		<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[cloud computing]]></category>
		<category><![CDATA[database]]></category>
		<category><![CDATA[mongo DB]]></category>
		<category><![CDATA[NoSQL database]]></category>
		<category><![CDATA[open cloud]]></category>
		<category><![CDATA[Open source]]></category>
		<category><![CDATA[server]]></category>

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		<description><![CDATA[<p>Cloud computing giant Rackspace has made a small but smart acquisition in ObjectRocket, a version of the MongoDB database that makes it lightning&#160;fast.</p>
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</div></div><p><a href="http://venturebeat.com/2013/02/27/rackspace-snaps-up-open-source-mongodb-service-objectrocket/objectrocket/" rel="attachment wp-att-629506"><img class="alignleft size-full wp-image-629506" alt="objectrocket" src="http://venturebeat.files.wordpress.com/2013/02/objectrocket.jpg?w=647&#038;h=441" width="647" height="441" /></a></p>
<p>Cloud-computing giant <a href="http://rackspace.com" target="_blank">Rackspace</a> has made a small but smart acquisition in <a href="http://objectrocket.com" target="_blank">ObjectRocket</a>, a MongoDB database service.</p>
<p>Rackspace senior vice president of corporate development Pat Matthews said, &#8220;Customers have been asking for a powerful database,&#8221; and the acquisition is in line with their open cloud strategy. MongoDB was the best option from Rackspace&#8217;s perspective as it&#8217;s one of the fastest growing NoSQL open source databases, and many existing customers already use it.</p>
<p><a href="http://blogs.the451group.com/opensource/2012/05/23/451-research-delivers-market-sizing-estimates-for-nosql-newsql-and-mysql-ecosystem/" target="_blank">According to a report from British technology research firm</a> The 451 Group, NoSQL software revenue is expected to grow at an annual of 82 percent to reach £141 million ($214 million) by 2015.</p>
<p>Database technology floods the market, but Matthews said that MongoDB has experienced a &#8220;runaway success&#8221; with developers. It&#8217;s easy to get started and supports about a dozen programming language on the Web, including C, C++, C#, JavaScript, Node.js, and Scala. But it can be difficult to manage and scale, which is where ObjectRocket comes in.</p>
<p>In the future, Rackspace is likely to support other database technologies.</p>
<p>ObjectRocket co-founder Kenny Gorman has been recognized as a &#8220;MongoDB Master,&#8221; an award 10gen gives to only 35 MongoDB contributors around the world. (Check out a video interview with Gorman and Rackspace&#8217;s chief developer evangelist Robert Scoble below.)</p>
<p>The full team will relocate to Rackspace&#8217;s San Antonio headquarters (they previously worked remotely), and customers should see the benefits of an integration in a matter of weeks.</p>
<p>On the topic of Rackspace&#8217;s broader acquisition strategy, Matthews revealed that his team doesn&#8217;t plan to buy established companies. &#8220;We have a good sales and marketing engine and know how to acquire customers,&#8221; he said. Instead, they are on the lookout for small, under-the-radar teams with impressive technology. <a href="http://venturebeat.com/2012/08/28/rackspace-acquires-mailgun/">The company&#8217;s other recent acquisition, MailGun</a>, was a six-person operation with just a seed round of funding.</p>
<p>Rackspace has not disclosed the terms of the deal.</p>
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	<enclosure url="http://venturebeat.files.wordpress.com/2013/02/objectrocket.jpg?w=160" /><source url="http://venturebeat.com/2013/02/27/rackspace-snaps-up-open-source-mongodb-service-objectrocket/">Rackspace snaps up open-source database firm ObjectRocket</source>
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			<media:title type="html">christinafarr</media:title>
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