EdgeDB, an open-source graph-relational database, has successfully raised $15 million in a Series A financing round led by Nava Ventures and Accel, with participation from other notable investors. The database aims to revolutionize data management by offering a human-friendly data model and a modern query language, EdgeQL, replacing traditional SQL. With the recent release of EdgeDB 2.0, which includes features like built-in access control and a rich UI, the team plans to launch EdgeDB 3.0 in March 2023, introducing full-text search and performance analysis tools. Furthermore, the company is preparing to launch a Cloud Beta, enabling users to experience a seamless, low-configuration cloud database service. EdgeDB has garnered a strong user community and has been adopted by startups like BeatGig, which have benefited from its efficient data handling capabilities. The co-founders, who are seasoned open-source contributors, are expanding their skilled team to further develop EdgeDB and its cloud services.