Cloudant names Derek Schoettle As CEO

Cloudant named Derek Schoettle as its new CEO. Prior to Cloudant, Schoettle was VP of Sales at the HP acquisition Vertica. Cloudant provides a data management platform for the analysis of multi-petabyte, “Big Data” sets. Its BigCouch data management platform leverages the open source, NoSQL Apache CouchDB technology either via a “database as a service” through a public cloud such as Amazon EC2 or Rackspace, or a licensed offering for a private cloud. Cloudant made headlines in October when it reached a deal with agriculture company Monsanto to target genetic pathways that result in increased yield and tolerance of stress in corn, soy and other crops. Cloudant’s Big Data platform plans to house and run analytics on Monsanto’s growing body of data in order to accelerate genomic sequencing analysis of crops. CouchDB, Cloudant’s underlying technology, is a NoSQL data storage platform commercially distributed by Couchbase in addition to Cloudant. Late last week, Cloudant announced it raised $2.1 million in an equity funding filed with the Securities and Exchange Commission.

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