202220 Jul

Popular Open Source GraphQL Company Dgraph Secures $6M in Seed Round with New Leadership

Summary

By bringing the backend into a single place and the database and service layer into a single solution, developers can use Dgraph as their backend rather than just their database.Since its initial open source release in 2016, Dgraph has become the most popular open source Graph database on GitHub and the youngest company to be named in Forresters Graph Data Platform landscape.New executive team to lead product innovations and growthDatabase industry veteran Akon Dey, Ph.D., recently joined as CEO bringing over two decades of experience in the database, data stream, and enterprise data systems space, including Yahoo! Inc. and Visa.Under Deys leadership, Dgraph will use the new funds to accelerate building go-to-market teams and initiatives to support a growing customer base, in addition to investments in product development for new use cases and applications. "Native GraphQL support has proven to be a powerful feature, allowing us to build integrations and visualizations of graph data in short timeframes. For more information, visit http://dgraph.io/, and follow Dgraph on LinkedIn, Twitter, and GitHub.About UncorrelatedUncorrelated Ventures was founded in 2020 by Salil Deshpande with Bains backing to focus on infrastructure software, both traditional and decentralized. Over 17 years Salil invested $500M+ into 50+ companies, usually super early, including traditional infrastructure such as Redis, DataStax, MuleSoft, DynaTrace, Quantum Metric, Sysdig, Buddy Media, SpringSource, Astranis, Astronomer, Pipe, Dropcam, Tealium, Sonatype, Frame, and Upgrade, and decentralized infrastructure such as Compound, Maker, Cosmos, CoinDCX, Helium and Crusoe Energy.

Source: Prnewswire

Funding

$6M
Amount
Jul 20 2022
Date
-
Investor
Dgraph Labs
Company

Classifications

Companies