Cloud database startup Xeround has reeled in $9 million in venture capital financing from Benchmark Capital and Giza Venture Capital. Seattle area investors Ignition Partners and Trilogy Partnership also participated in the latest funding round for the company, which describes itself as “an elastic, always-on database-as-a-service for your MySQL applications.”
Xeround moved its headquarters from Israel to Bellevue in 2008, but it now appears that the company has shifted the HQ to Silicon Valley. The company’s contact info on the Web site and in the press release indicates that the company is based in Mountain View — making it the latest cloud computing startup in California that Ignition is bankrolling.
The company, which raised $4 million in debt finaning earlier this year, is now led by former BMC Software executive Razi Sharir. It had previously been led by former Amdocs and Cingular executive Charlotte Yarkoni.
“We’re excited to further support the growing popularity of Xeround’s cloud database solution as well as expand our marketing and sales operations with this funding,” Sharir said in a statement. “We’re confident Xeround will continue to accelerate leadership in the space and deliver game-changing technology as the only native cloud database, providing high availability and true elasticity with no management or configuration overhead.”