PeerDB raises $3.6 million seed funding to revolutionize data movement for PostgreSQL

PeerDB, a data movement platform for PostgreSQL, has secured $3.6 million in seed funding from investors including 8VC, Y Combinator, and several others. The company aims to become the de facto standard for data movement and ETL (extract, transform, and load) for businesses running on Postgres. PeerDB's platform enables fast and cost-effective data replication from PostgreSQL to data warehouses like Snowflake and queues such as Kafka. The funding will be used to expand the engineering team, support go-to-market initiatives, and drive client acquisition.