IBM invests in EnterpriseDB

EnterpriseDB, a company developing a database system compatible with Orable based on Postgresql announced a round of funding bringing an additional $10 million, for a total of $37 millions raised in 4 years. Investors include IBM and earlier investors Charles River Ventures, Fidelity Ventures, and Valhalla Partners.

Furthermore, Enterprisedb announces the publication of their GridSQL, their business intelligence and data warehousing solution, under the GPL license. It was formerly a proprietary product.