Wednesday, February 4, 2009

Greylock Partners locks in $8.5M for Calif. database firm

By Mass High Tech staff

Greylock Partners, a Waltham venture capital firm, has participated in the funding of a $8.5 million Series A financing round of California database management solutions company Delphix Inc., according to published reports.

Lightspeed Venture Partners, a California investment firm, joined Greylock in the financing round.

Delphix describes itself as a stealth company that creates software to lower the production load of databases.

Founded in 1965, Greylock Partners has more than $2 billion in managed capital, of which it provides equity support to more than 300 companies, of which about 125 firms have become publicly held and about 100 other companies have had successful mergers. The firm generally focuses on investing in the consumer technology, Internet, communications and enterprise information technology sectors. In addition to its Waltham office, Greylock Partners runs venture capital offices in San Mateo, Calif., and Israel.