“Cockroach Labs, the NYC enterprise database company, announced an $86.6 million Series D funding round today. The company was in no mood to talk valuations, but was happy to have a big chunk of money to help build on its recent success and ride out the current economic malaise.

Altimeter Capital  and Bond co-led the round with participation from Benchmark, GV, Index Ventures, Redpoint Ventures, Sequoia Capital, Tiger Capital and FirstMark Capital. Today’s funding comes on top of a $55 million Series C last August, and brings the total raised to $195 million, according to the company.

Cockroach has a tough job. It’s battling both traditional databases like Oracle and modern ones from the likes of Amazon, but investors see a company with a lot of potential market building an open source, on prem and cloud database product. In particular, the open source product provides a way to attract users and turn some percentage of those into potential customers, an approach investors tend to favor.”

Read the full article on TechCrunch here.