Tuesday, June 27, 2006

Another database?

From GigaOM:

Dabble DB, a Vancouver-based online database / hosted application creation company has raised around $2 million dollars in Series A venture funding from Ventures West, a Canadian VC fund. Paul Kedrosky, a venture partner with the fund, is leading the investment in the eighteen-month-old company. The company will also come out of “beta” tomorrow.

“I think it is a great platform for building data centric apps,” says Kedrosky. His logic - Dabble DB is selling “picks and shovels” in this Web 2.0 boom. They have already garnered quite a few paying customers, and perhaps this new round of financing will help them scale their operations.

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