Why We Just Raised a $36M Series D – and What’s Next for the Graph Space

Neo4j has achieved significant growth in 2016, with over 2.5 million downloads and more than 200 customers, including large enterprises. The company is now cash flow positive after focusing on its core business and customers. Neo4j has received a $36 million series D funding round to further grow the graph technology space, which has seen rapid growth despite competition from other NoSQL databases. The company believes that graphs offer a huge transformative potential for organizations, enabling them to connect data and gain insights. With this funding, Neo4j plans to continue developing its product, building relationships with enterprise customers, and integrating with other data technologies. The graph technology space is expected to converge around a few leaders by 2020, with Neo4j aiming to be one of those leaders, offering a standard part of an enterprise's infrastructure.