Akiba Raises $6.53 Million

Akiba Technologies Inc., a Boston-based database virtualization startup, has raised $6.53 million in Series A funding, according to a regulatory filing. Backers include Foundation Capital and North Bridge Venture Partners. Steve Vassallo of Foundation and Michael Skok of North Bridge took board seats.

The company does not have a website, but said the following about itself in a job ad:

Akiba, Inc., a Boston-based startup, is developing a database virtualization solution that enables effortless scalability of a database across nodes, both within the enterprise and in the cloud. Based on our patent-pending Akiba Orthogonal Architecture (AOA), we have practically eliminated the complexity of managing joins across a relational database, turning an I/O problem into a scalable CPU solution. AOA breaks through long-established barriers of performance and scalability. Administration needs are cut to a fraction of previous levels thanks to self-healing techniques. Early customers, along with a working prototype have validated both the technology and Akiba’s unique value proposition.