Crate.io Raises $10M in Funding
Summary
Crate.io, a Berlin, Germany- and Dornbirn, Austria-based developer and supplier of CrateDB, the purpose-built time series database, raised $10m in additional funding. Backers included Draper Esprit, Vito Ventures and Flatz & Partners AG participated together with selected individual investors. Led by Eva Schönleitner, CEO, and Christian Lutz, co-founder and President, Crate.io is the developer of CrateDB, a scalable distributed database solution that combines NoSQL with standard SQL. Designed to support IoT and machine data applications in particular, the database is optimized for containerized environments and runs on premise, in the cloud, and at the edge. The company was founded in June 2013 and operates globally from its offices in Berlin and Dornbirn, Austria, as well as San Francisco and remote friendly.