Stripe hires engineering team behind failed database startup

Online payments solution for developers Stripe is picking up the engineering team behind NoSQL database startup ReThinkDB.

Following the engineers’ move ReThinkDB’s operations will shutter.

The company says that its team will help Stripe to solve new problems and build infrastructure for developers.

ReThinkDB claims that it was unable to build a sustainable business out of it open-source scalable database for the real-time web.

Its products will now be open-sourced.

The Mountain View-based company had raised $12.2m in total from investors including Andreessen Horowitz, Highland Capital Partners and SV Angel.

The new hires could allow Stripe to offer new services to its communities of developers.

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