ArangoDB, the leading open source native multi-model database, announced today that it has raised $10 million in Series A funding under the leadership of Bow Capital and moved its headquarters to U. Oh, S To better serve its fastest-growing market As part of the investment, Bow Capital Advisor Murat Sonmez, former TEU Global Field Operations Group at TIBCO and Managing Director at the World Economic Forum, joins the Board of Directors of ArangoDB. Existing investor Target Partners also participated in the round, bringing ArangoDB’s total funding to $17 million.
More than 500 organizations worldwide, including Airbus, Barclays, SAP Concur and Thomson Reuters, leverage ArangoDB’s multi-model production database for flexible, streamlined application development. ArangoDB’s Series A investment will enable it to accelerate product development and revenue growth by further expanding its engineering and sales teams to more strongly support its customers and the U community. Oh, S The company will continue to build up community support, marketing, human resources and sales in Silicon Valley. Main software and product development will continue to be based in Cologne, Germany.
With the rise and evolution of NoSQL databases, developers are more flexible than ever when it comes to what they can do with their data. However, maximizing the full value of these data often requires multiple data models, each of which typically requires a separate database—known as polyglot persistence. By uniting graph, document, and key/value data models in a single core with the same query language, ArangoDB gives developers flexibility when developing their applications. This not only reduces development complexity by eliminating duplication of data and consistency challenges, but also accelerates time-to-market, as development teams have only one database to learn, manage and maintain.
“Developers should use the right data model to do the right job. But why do they need to use different databases for that important advantage? We created ArangoDB to give developers the freedom to build their applications—if they want to adapt or extend their data access patterns, they can do so by simply changing the query instead of their entire infrastructure,” said Claudius Weinberger, CEO and co-founder of ArangoDBB. “With our latest round of financing, we are planning to continue to innovate, expand our global customer base and double-down in the U. Oh, S -which continues to be our fastest-growing market “That’s right.
The National Center for Biotechnology Information (NCBI) maintains a molecular biology database system to help the research community and the medical community rediscover genetic processes that control health and disease. “In the past, we had to use three different technologies to deliver performance and functionality to the more than 150 million external requests we receive every day,” said Grisha Starchenko, Architect and Tech Leader at the National Institute of Technology. “By supporting native document and graph data models as well as providing a full text search and ranking engine, ArangoDB allows us to dramatically consolidate our infrastructure and easily query more than 12 terabytes of molecular data. “That’s right.
Investment is made after a record year for ArangoDB The key milestones reached in 2018 include:
Over 7 million downloads and 7,000 stargazers on GitHub.
A-4 7 out of 5 star ratings from Gartner Peer Insights ‘Voice of the Customer’
Named G2 Crowd’s Winter Leader
The release of ArangoDB 3 from the GA 4, add full text search and ranking engine as well as full GeoJSON support
Releasing a Kubernetes operator that can deploy a state-of-the-art ArangoDB cluster on Kubernetes in just five minutes
“Application developers have been held hostage by traditional database vendors for years,” said Vivek Ranadivé, founder of Bow Capital and TIBCO Software. “With ArangoDB, developers are no longer faced with the painful trade-off between choosing a single database model or maintaining multiple databases-they can have the best of both worlds. Claudius and the team have created a world-class product adopted by a number of Fortune 50 companies and supported by a vibrant open-source community. Murat did a phenomenal job leading TIBCO’s Global Field Operations while building the company to more than $1 billion in revenue We are pleased to have him guide ArangoDB to the next level by leveraging this enterprise software expertise. “That’s right.
“We continue to be impressed by how much the ArangoDB team has achieved in such a short time,” said Kurt Muller, Partner at Target Partners. “With more resources to accelerate growth and product development, we are even more excited to see what the future holds. “That’s right.
Upcoming webinar: the benefits of a native multi-mode database (plus a sneak peek!)
On Thursday, 28 March 2019, the founder and CEO of ArangoDB, Claudius Weinberger, will host a webinar covering the key features and benefits of a native multi-model database. He will also be joined by one of ArangoDB’s team leaders, who will share a glimpse of the upcoming release of the product that will be available later this year. To register, please visit http://www Arangodb: Com/arangodb-events/Why-native-multi-mode-plus-sneak-peek
Find out more
For more insights into ArangoDB’s future plans: read the blog
To learn how ArangoDB is used by companies: check out case studies
Getting started with ArangoDB: Download the latest version
On the ArangoDB
One database, one query language, three data models. With more than 7 million downloads and over 7,000 GitHub Stargazers, ArangoDB is the leading open source native multi-model database. It combines the power of graphs with JSON documents and key-value storage, enabling developers to access and combine all of these data models with a single, elegant, declarative query language.
Simplifying complexity and increasing productivity are the tasks of ArangoDB Inc. , the company behind this project ArangoDB Inc. was founded in 2014. is a privately held company supported by Bow Capital and Target Partners It is headquartered in San Francisco and Cologne, with offices and employees worldwide. Find out more at http://www Arangodb: Come on,
On the Bow Capital
Bow Capital is a venture capital firm whose mission is to help grow companies that use technology to advance society and make the world a better place. We leverage our expertise and connections with the University of California, other funds, incubators, entertainment and media, industry leaders, and successful entrepreneurs to help companies we partner to achieve speed of escape. Additional information can be found at http://www Bow-capital Come on,
About Targeted Partners
With EUR300 million under management, Target Partners is one of the leading early-stage venture capital firms in Germany. Target Partners invests in seed and early-stage technology companies and supports them with venture capital during their development and expansion phases. With many years of experience as managers, entrepreneurs and venture capital investors, the Target Partners team supports entrepreneurs in developing and marketing products and services, building organizations, raising money and bringing public companies to Europe and the United States. For further details: target partners De and the tweeter Com/Targeting Partners
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