T-Online Venture Fund investeert in database-startup
- SONES ONTWIKKELT DATABASE ALS KUNSTMATIG BREIN
3-04-2009 - Early stage
T-Online Venture Fund today announced an investment in sones GmbH. In a second round financing, sones secured an investment of a single-digit million amount. The additional funds will be used to develop the product to market maturity.
The software company that was founded in 2007 has developed a completely new and innovative database technology. The object-oriented database can directly link the relevant information from complex unstructured data volumes, thus setting new standards in terms of scalability and performance. With this technology, problems that had been unsolvable in the past due to their sheer complexity in the areas of data storage and data analysis are now under control.
?sones impressed us with its innovative technology and its approach to question the status quo, thereby opening up completely new opportunities for data management,? says Christoph Schmidt, Senior Vice President of Deutsche Telekom AG for the Personal Social Networks division.
sones is currently working on expanding its database technology, including the related file system. The first full version of the object-oriented database management system (DBMS) is expected to be available by the end of this year. Via SDK (software development kit), software developers and partners will be able to considerably influence the development and make changes to the system. sones is inviting interested software developers and potential partners to register for the preview and partner program via its website www.sones.de so they can receive the developer version free of charge and give their feedback for further development in the future. Right now a web services based tagging and recommendation system is available, and is already being used commercially. ?The system can be adapted to the respective requirements in the areas of eCommerce, Social Networks and Portal/Content Solutions?, says Alexander Oelling, head of new business development at sones. In this area sones is also counting on a cooperation with software partners in order to integrate the product into the respective websites.
Mauricio Matthesius, managing director at sones: ?T-Online Venture Fund recognized that our revolutionary technology can shape the future of databases and put us in the position to systematically implement this vision.? After the investment by T-Online Venture Fund the company is looking for additional employees, mainly in the areas of software development and sales.