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Series C Funding

Blog post from Neo4j

Post Details
Company
Date Published
Author
Emil Eifrem
Word Count
533
Company Posts That Month
16
Language
English
Hacker News Points
-
Post removed?
No
Summary

2014 was a remarkable year for Neo Technology, with over 500,000 downloads of Neo4j 2.0 since its launch in January, thousands of production deployments, and a record turnout at GraphConnect San Francisco 2014. Analysts recognized Neo as a Cool Vendor by Gartner and included it in the 2014 Magic Quadrant for Operational Database Management Systems. The company grew its customer base to over 150 paying subscribers and doubled its revenue. A $20 million Series C funding round was secured, which will enable investments in the product, salesforce expansion, and marketing efforts. Neo Technology has established itself as the clear leader in graph databases, with customers including top companies and exciting startups, and is poised to thrive as the graph market explodes, driven by growing demand for data-driven operations and decisions.

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