Microsoft Snaps Up Another Open Source Startup: Citus Data

Microsoft snapped up another open source startup this week — Citus Data, which specializes in big data and analytics. Terms of the deal were not disclosed.Citus Data was founded in 2010 by Umur Cubuku, Ozgun Erogan, and Sumedh Pathak. It is headquartered in San Francisco, with an additional office in Turkey. To date it has raised over $13 million in funding. Its most recent funding came from a $9.5 million Series A round led by Khosla Ventures.The startup develops an extension for the open source management system PostgreSQL. The extension transforms PostgreSQL into a distributed database, which increases performance and scale for application developers. The Citus extension is available as a fully-managed database-as-a-service running on the cloud, enterprise software, or as a free open source download.