A new 12 million USD series has been unveiled by OtterTune. A new round of funding has been raised to help the company develop and improve its tool, which automates most of the effort of configuring MySQL or PostgreSQL databases.
OtterTune modifies control parameters that regulate how the database plans parts of the rebalancing and cache maintenance actions it does. OtterTune seeks to broaden its appeal by addressing issues other than query processing speed. Other essential elements such as index generation and updating will be monitored.
The company also plans to expand into other clouds and support database users with their own hardware. Intel Capital and Race Capital are leading the fresh funding round, which also includes Accel.