SingleStore at Scale and our Series C

We are delighted to announce that SingleStore has raised more than $36m in a Series C round. The oversubscribed round includes new investors REV Capital, Caffeinated Capital, with full pro rata participation from earlier investors including Accel (who led our Series B), Khosla Ventures, and Data Collective. Our investors have looked at the SingleStore technology and concluded that SingleStore is the leading real-time database platform for analytics and operational workloads. Large enterprises want SQL, fast and easy to use, which SingleStore provides, enabling them to transform their business and respond quickly to trends. The company powers real-time applications such as billing systems reaching 6M updates per second and logistics analytics that previously took 24 hours now run daily in under an hour. With the growing need for real-time insight, SingleStore is well-positioned to expand its talented team, fund product development, and provide a real-time database platform to transform businesses.

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