Clusterpoint Secures €1m From BaltCap To Scale Its Database For Clouds

BaltCap, a leading venture investor in startups in the Baltics region, has signed a €1 million investment in Clusterpoint, an enterprise software startup created by Latvian programmers and backed by seed investors in the UK and Baltics. Clusterpoint has built a database platform designed for cloud computing infrastructure which they claim is highly scalable. They are competing against open source solutions such as MongoDB.