What is Citus Data?
Citus Data specializes in enhancing PostgreSQL with distributed capabilities, offering a solution that significantly boosts application performance and scalability. Their technology enables the creation of distributed tables, making it ideal for demanding applications such as multi-tenant SaaS platforms and real-time analytics. Citus Data provides both an open-source version and a managed service integrated with Azure Cosmos DB for PostgreSQL, catering to developers and businesses requiring robust, scalable database infrastructure to efficiently manage large datasets.
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 Tikhon Bernstam, Vaizra Investments, Benjamin Ling, SV Angel, Data Collective, and Digital Garage
Series A (2015): $9.5M led by Khosla Ventures, Vaizra Investments, and Data Collective
Key Investors in Citus Data
Vaizra Investments
Vaizra Investments is a digital trading platform that offers a wide array of financial instruments, aiming to provide a transparent and user-friendly trading experience for both novice and experienced traders globally.
SV Angel
SV Angel is an investment firm dedicated to supporting founders by providing essential resources, strategic insights, and a vast network to help companies scale and create impactful businesses.
Data Collective
Data Collective is a non-profit organization focused on building and supporting technology to help people find, understand, and share data, thereby advancing knowledge and education.
What's next for Citus Data?
The substantial enterprise-level funding and recent strategic investment signal a strong confidence in Citus Data's technology and market position. This capital infusion is poised to accelerate the company's innovation in distributed database systems, potentially expanding its reach into new markets and strengthening its competitive edge. Future developments are likely to focus on further optimizing performance, enhancing cloud integrations, and broadening the adoption of its PostgreSQL-enhanced solutions for complex data challenges.
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