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Molecula Announces Launch of FeatureBase and Additional Funding

Molecula unveils FeatureBase and additional funding to support its cloud development

Austin, TX, September 7, 2022: Molecula, creator of the world’s first real-time database built entirely on bitmaps, has launched a stand alone brand for its database At the heart of this launch is FeatureBase – the new name of its flagship product.

Over the past 18 months, Molecula has solidified its mission to leverage bitmaps to build and maintain the fastest, simplest, and most efficient analytical data technologies in existence. The company has spent the last year improving its core product, now called FeatureBase, while also developing its FeatureBase Cloud product, a hassle-free, no-maintenance SaaS deployment option. Now that FeatureBase Cloud is available to the general public, FeatureBase will be much easier to deploy and use at scale.

Fueled by a Series A Extension of $10 million, the team at Moleucla will now have two distinct points of focus:

  • Continue to leverage bitmaps to build fast, simple, and efficient database data technologies.
  • Improving the user experience and functionality of FeatureBase Cloud in order to create the world’s best operational, real-time computation layer designed to augment cloud data warehouses and make efficient, real-time data analysis a reality for organizations of all sizes.

“The existing data architectures and solutions that enable real-time analytics are overly complex, require high-cost resources, and still don’t meet the requirements of real-time data access. At FeatureBase we’re betting that online analytical operations will be significantly faster, more efficient, and simpler when using bitmaps than they would be when using traditional columnar formats. This bold assertion drives our innovation,” said H.O. Maycotte, CEO of FeatureBase. “As AI and ML workloads become the norm, data must be AI-ready from the get-go, which means features can be served directly from our operational databases. By enabling this, FeatureBase will help secure the world's information, accelerate innovation across industries, and unlock human potential.”  

The FeatureBase name is rooted in Molecula's devotion towards a machine-ready (boolean) data format. At its root, is the basic idea that two values, true and false (0 or 1), and three logical operations (And, Or, and Not) carried our world into the Age of Information, led the digital computing revolution, and now will lead a revolution in data computation and transmission, optimized to leverage the very hardware that preceded it. 

About FeatureBase:

FeatureBase (a product of Molecula) builds technologies that unlock the value of data as soon as it is created. Based in Austin Texas, our team consist of database, distributed systems, and cloud engineers, as well as leading researchers on bitmap innovation.

In the last 5 years the FeatureBase team has worked tirelessly to extend the capabilities of bitmaps in order to support a wide variety of real-time analytical workloads, far more efficiently than traditional columnar formats. FeatureBase Cloud is a fully managed, SaaS implementation of the product.

Join us on our mission is to leverage bitmaps to build and maintain the fastest, simplest, and most efficient analytical data technologies. For more information, visit www.featurebase.com.

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