Bangalore: The month of October has seen three big data startups raise major investments already and this leads to a generic question about the interest venture capitalists are showing in big data startups.

With three such startups; Splice Machine, MongoHQ, and Bloomreach raising a capital of $4MN, $6M and $2Mn respectively within a short span, it becomes even more interesting to understand the dynamics of the mindset of VCs and this shows that the investors will be showing keen interest in investing in such startups for a long time to come, reports techcrunch.

As Gartner mentions in its report, it is the Data functionality that is driving investments in such startups but as it turns out data functionality is just a part of the whole story. As Randy Bias, founder, Cloudscaling writes that today’s IT model starts with datacenters with high efficiencies, proceeds to open hardware projects and reaches out to scale-out software architectural models. It translates into the need for startups to change. Splice Machine and MongoHQ replicate the changing face of database market and thus qualified for such investments.

Accel Partner’s Ping Li who manages the big data fund for the investing firm said that the current market is the reflection of the need for transformed database architectures. He further said that over time there is a healthy possibility of one or two databases to surface for horizontal applications that will have verticals for their requirements. Until then, VCs will continue to invest in the data infrastructure and big data startups in view of the transformation that the IT industry is going through.