![]() The funding will be used to expand sales, grow functionality and add more partner integrations, and promote the open source developer community around CrateDB. ![]() Draper Esprit and Vito Ventures participated in this round. General availability of Transform is projected for Fall 2021.Ĭrate.io, the developers of the CrateDB database platform, raised $10M in additional funding, bringing their total funding up to $31M. Transform is looking to double their headcount with this funding. Index Ventures and Redpoint Ventures led the round, with participation from Fathom Capital and Work Life Ventures. Transform, a centralized metrics store, has come out of stealth, announcing $24.5M in funding across two rounds. Introducing Transform: a ‘metrics store’ to make data accessible Amalgam Insights’ Hyoun Park assesses the Neo4J funding more thoroughly, and highlights the importance of graph databases as the next step in enterprise analytics, and the key role they will have in supporting the next generation of machine learning models. Neo4J plans to use this money along three key vectors: buffing up their multi-cloud service offerings, growing capabilities to support enhanced machine learning models in graph-based data science, and expanding their market reach. Eurazeo led the round, with participation from existing investors Creandum, Greenbridge Partners, and One Peak, as well as new participants DCTP, GV, and Lightrock. On June 17, Neo4J announced a $325M Series F funding round. Neo4j Announces $325 Million Series F Investment, the Largest in Database History If you would like your announcement to be included in Amalgam Insights’ weekly data and analytics roundups, please email Funding
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