Online payments solution for developers Stripe is acquiring the engineering team behind NoSQL database startup ReThinkDB.
The price of deal is undisclosed but ReThinkDB’s operations will shutter as a result of the acqui-hire.
The company says that it 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 acquisition could allow Stripe to offer new services to its communities of developers.
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