San Francisco -- Terracotta, a San Francisco-based developer of infrastructure software, said that it has raised $10 million in a new round of funding, which follows a year in which the company signed more than 30 new clients. New investor DAG Ventures joined previous investors Accel Partners, Benchmark Capital and Goldman Sachs in the round, which the company will use to expand its operations and broaden its reach in new markets. Amit Pandey, CEO of Terracotta, said that the round will allow the company to "respond to rapidly increasing demand." Clients such as PartyGaming and Comcast use Terracotta's software to offload work from databases and application servers and to reduce their development efforts.
http://www.terracotta.org
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