EdgeDB Raises $15M Series A Round to Bring its Modernized Relational Database for Cutting-Edge Apps to the Cloud
Summary
Delivering 10x better performance and usability over traditional SQL+ORM databases, EdgeDB helps modern app developers build products faster and cheaperSAN FRANCISCO, Nov. 7, 2022 /PRNewswire/ -- , a developer of the first open source, graph-relational database, today announced a $15M Series A investment led by Nava Ventures and Accel, with participation by industry heavyweights from Vercel, Firebase, GitHub, IBM, OpenAI, ICONIQ Capital, and Netlify. "EdgeDBs high level data model, coupled with their new query language EdgeQL, transformed the way we built our product," said Jeremy Berman, co-founder and CTO, BeatGig. Yury and Elvis are so laser focused on serving the developer community, we at Nava are thrilled to be supporting them," said Freddie Martignetti, founder, Nava Ventures.EdgeDB: Reimagining relational databases with a focus on the developer experienceEdgeDB is an open-source graph-relational database designed to address some major ergonomic limitations of SQL and relational schema modeling, while improving type safety and performance. EdgeDB comes with first-class tools for schema migrations, convenient graphical user interface, and rich client libraries for the mainstream programming languages. The company was founded in 2019 by Yury Selivanov and Elvis Pranskevichus, with a mission to re-imagine relational databases with a focus on the developer experience.