What is Citus Data?
Citus Data offers a distributed version of PostgreSQL, designed to significantly enhance the performance and scalability of applications through the strategic use of distributed tables. Their database technology is available as an open-source solution or as a managed service integrated with Azure Cosmos DB for PostgreSQL. This offering is particularly well-suited for multi-tenant SaaS applications and real-time analytics, empowering businesses to efficiently manage and process large volumes of data. The company primarily targets developers and enterprises seeking high-performance, scalable database infrastructure.
How much funding has Citus Data raised?
Citus Data has raised a total of $11.2M across 2 funding rounds:
Other Financing Round
$1.6M
Series A
$9.5M
Other Financing Round (2012): $1.7M with participation from Data Collective, SV Angel, Tikhon Bernstam, Vaizra Investments, Digital Garage, and Benjamin Ling
Series A (2015): $9.5M led by Vaizra Investments, Khosla Ventures, and Data Collective
Key Investors in Citus Data
Data Collective
Data Collective is a startup non-profit focused on building and supporting technology to help people find, understand, and share data, advancing knowledge and education. They aim to make complex data accessible and understandable across various domains.
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses. They prioritize building strong partnerships by advocating for founders and providing essential resources, strategic insights, and a vast network to help companies scale.
Vaizra Investments
VAIZRA LIMITED is a digital trading platform that allows clients to trade and invest in a variety of financial instruments, including stocks, ETFs, currencies, cryptocurrencies, indices, and commodities through CFDs. Founded in 2018, the company aims to provide a transparent and user-friendly trading experience.
What's next for Citus Data?
The substantial enterprise-level funding Citus Data has garnered, particularly the major strategic investment in 2015, positions the company for accelerated growth and market expansion. This backing is expected to fuel further development of its distributed PostgreSQL technology, enhance its managed service offerings on Azure Cosmos DB, and broaden its reach within the SaaS and real-time analytics sectors. The company's trajectory suggests a focus on solidifying its position as a leader in scalable database solutions, catering to the increasing demands for high-performance data management in modern applications.
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