Fluree Closes $4.7M Seed Funding Round to Ditch the Database
Summary
Seed funding capital will accelerate adoption of the existing product through market awareness, and increase R&D ahead of its 2019 open source release. With an established global user base of Fortune 500 companies, government agencies and technology startups, this financing round confirms the company’s value proposition in the future of enterprise data management. Instead of building expensive APIs, developers can safely expose rich, permissioned query interfaces directly to the data source including GraphQL, SPARQL and Fluree’s JSON-based FlureeQL. In 2017, Case and JD Vance announced a $150 million Rise of the Rest Seed Fund, backed by a group of iconic entrepreneurs, executives and investors that believe the next great startup investments are located outside of coastal cities. Fluree is a Public Benefit Corporation (B-Corp) that dedicates employee time, company resources and chartered effort towards empowering people whose jobs are replaced by technology, or those that wish to make a career adjustment via training and assistance.