Pittsburgh-based tech startup OtterTune on Tuesday said it has raised $12 million in a Series A funding round led by Intel Capital and Race Capital. Also participating was Accel, which led the young company’s seed round last year.
OtterTune, a Carnegie Mellon University spinout, is a database automation and optimization platform that observes runtime metrics and then carries out machine learning to recommend and deploy configuration settings, improving performance, uptime and efficiency. It supports Amazon’s Aurora and RDS databases and added new database health checks to mitigate outages or performance drops.
OtterTune has earmarked the new money to expand its engineering team and build support for additional databases on other cloud platforms as well as innovating additional autonomous optimization features.
"We're achieving our goals of helping companies improve database performance at lower costs and freeing DBAs to focus on more strategic work," Andy Pavlo, OtterTune co-founder and CEO, said in a prepared statement.
Intel’s senior managing director, Nick Washburn, has joined OtterTune’s board.
