Aerospike Closes $109M in Growth Funding

Funding Rounds

Summary

Aerospike, a Mountain View, CA-based provider of real-time vector and graph databases, raised $109M in growth funding. The company intends to use the funds to accelerate innovation and go-to-market capabilities for its core transaction, analytics, and AI solutions, including vector and graph databases. Led by CEO Subbu Iyer, Aerospike provides core transaction, analytics, and AI solutions, including vector and graph databases. Aerospike’s graph and vector databases work both independently and jointly to support AI use cases, such as retrieval augmented generation (RAG), semantic search, recommendations, fraud prevention, and ad targeting. The company powers many of the largest transactional and machine learning (AI/ML) applications at global enterprises, including Adobe, AppsFlyer, Barclays, Flipkart, Myntra, PayPal, and Riskified.

$ Funding

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Amount $109.0M Total raised
Date April 4, 2024 Announcement date
Investors Aerospike Lead investors
Company aerospike.com Funded company

Classifications

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AskAI Classifications

Labels
Database Software NoSQL Database SaaS

Linked Companies

Aerospike
$10M to $25M