10 Database Startups Rake In $2.9 Billion in VC Funding

December 17, 2021

Cockroach Labs yesterday joined the list of cloud database startups receiving venture capital in 2021, putting an exclamation point on what has been a busy year of investments in, and development of, these next-generation database platforms. 

A few details on Cockroach Labs' announcement: 

• $278 million in Series F funding brings total funding to $633 million
• Valuation more than doubled, from $2 billion to $5 billion
• Annual recurring revenue tripled over the past 12 months
• Half of customers now use Cockroach Labs' fully managed cloud service

• Read the full article: Cockroach Labs, with New $5B Valuation, Caps Big Year of Database Startup Funding

And here's more. I recently wrote about Neo4j's $325 million investment round.

• Read the full article: How Data Relationships Are Driving Graph Databases—and Big Investments

What next in this crazy market? 

These fast-emerging platforms are increasingly becoming viable options to traditional "legacy" database systems. To better understand how the challengers are positioning their technologies—and how established database providers are fighting back—I would invite you to join me at Acceleration Economy's digital event, the Cloud Database Battleground, on January 27, 2022. 

I will be hosting the Battleground, where we will invite cloud database providers to answer 5 questions—on topics such as scale, speed, multi-cloud, and more—to even the playing field. Please join us by registering here. 

• Register (free) for the Cloud Database Battleground here

Thank you for spending your valuable time with the Cloud Database Report! 

John Foley, Editor

Follow all of my analysis at Acceleration Economy's Data Revolution channel.