USA – SingleStore, a San Francisco, CA-based provider of a cloud-native database built to power data-intensive applications, raised $146M in Series F-2 funding.
The round was led by Goldman Sachs with participation from Prosperity7.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Raj Verma, SingleStore delivers a distributed SQL database for data-intensive applications, SingleStoreDB. By combining transactional and analytical workloads, SingleStore eliminates performance bottlenecks and unnecessary data movement to support demanding workloads. Leading companies across nearly every vertical around the world use it to drive their customer experience and enterprise intelligence.SingleStore has nearly doubled its headcount in the past 12 months and expanded geographically with offices in Ireland, Singapore and Australia.03/10/2022
