Company
Date Published
Author
Suresh Sathyamurthy
Word count
803
Language
English
Hacker News points
None

Summary

SingleStore has made its debut in the Gartner Magic Quadrant for Cloud Database Management Systems, a significant milestone achieved through customer trust, partner integration, and team dedication. The company is recognized at a pivotal time in database technology evolution, driven by increasing data intensity and demanding applications requiring low-latency and high-concurrency capabilities. SingleStore is positioned as a fast modern cloud database that supports all an application's needs across clouds and on-premises, making it the only database needed for many use cases. The company has experienced rapid growth, including international expansion, new funding rounds, and industry recognition, with plans to continue developing its product and recruiting top talent.