DataStax proves it’s still possible to raise nine-figures at higher valuation in 2022

When DataStax hired Chet Kapoor as CEO in October 2019, one of the first moves he made was to bring in his old pal Sam Ramji to be chief strategy officer, someone he had worked with for many years and was deeply involved in open source throughout his career. The two had worked together successfully at Apigee, an API company that went public in 2015 before being acquired the following year by Google for $625 million.
Getting the band back together seems to have been a successful approach, as the company announced a $115 million investment on a $1.6 billion valuation today. That’s a 33% premium

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