| Type | Privately-held |
|---|---|
| Industry | Software |
| Founded | 2005 |
| Headquarters | Toronto, Ontario, Canada |
| Products | GRIDSCALE Database Load Balancer |
| Website | http://www.xkoto.com/ |
xkoto, Inc. is a privately-held, Canadian developer of Database Load Balancing software headquartered in Toronto, Ontario.
With its patent pending[1] technology, GRIDSCALE Database Load Balancer load balances all database servers in the cluster using an active/active arrangement - they are available and active all the time. xkoto Inc. has been expanding its business and recently closed an investment of US $7.5 Million in Series B Financing[2]. It was also recently awarded the Deloitte 2007 "Companies-to-Watch" award[3].
xkoto was acquired by Teradata on May 12, 2010[4].
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xkoto Inc. was founded in 2005 as a result of research and development work at Halcyon Monitoring Solutions Inc., an infrastructure management vendor with a global customer base including SMEs and Fortune 100 firms from every industry.
The corporate charter for xkoto is well expressed in its etymology: "xkoto" is a transliteration of two Greek words which taken together convey the idea of "out of darkness, out of chaos". In effect, xkoto intends to "turn the lights on", transforming emerging technologies into productive solutions.
Xkoto, Inc, provider of powerful database virtualisation software, has been acquired by Teradata (NYSE: TDC) in May 2010. No financial terms or further details were disclosed.