![]() ![]() What makes graph databases like Neo4j unique is their focus on the connections between individual data entities. ![]() The past decade has seen a whole new crop of next-generation database models, from scale-out SQL to document to key-value stores to time series and on and on and on. Meanwhile, Cockroach Labs of CockroachDB fame has now raised $355 million in funding, including a $160 million round earlier this year at a similar $2 billion valuation. For comparison, MongoDB, which trades on Nasdaq, raised $311 million in total (according to Crunchbase) before its IPO. That funding makes Neo4j among the most well-funded database companies in history, with a collective fundraise haul of more than half a billion dollars. Eurazeo managing director Nathalie Kornhoff-Brüls will join the company’s board of directors. ![]() Neo4j, which offers a graph-centric database and related products, announced today that it raised $325 million at a more than $2 billion valuation in a Series F deal led by Eurazeo, with additional capital from Alphabet’s venture wing GV. So it’s exceptional when a new database offering breaks through the barriers and redefines the enterprise. Designers will pixel push, frontend engineers will add clicks to make it more difficult to drop out of a soporific Zoom call, but few companies are ever willing to rip out their database storage engine. Databases run the world, but database products are often some of the most mature and venerable software in the modern tech stack. ![]()
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