What is Cockroach Labs?
Cockroach Labs is the driving force behind CockroachDB, an SQL database engineered for global business operations. Founded by a team of former Google engineers, the company is headquartered in New York City. CockroachDB is designed to provide a highly available, scalable, and resilient database solution, addressing the complex needs of modern enterprises that require distributed data management capabilities. The company's technology aims to simplify the deployment and management of databases across multiple geographic regions, ensuring data consistency and performance.
How much funding has Cockroach Labs raised?
Cockroach Labs has raised a total of $612.9M across 6 funding rounds:
Series A
$6.3M
Series B
$27M
Series C
$55M
Series D
$86.6M
Series E
$160M
Series F
$278M
Series A (2015): $6.3M with participation from Steamboat Ventures, Google Ventures, and Benchmark
Series B (2017): $27M led by Index Ventures, Redpoint Ventures, Benchmark, GV, and FirstMark Capital
Series C (2019): $55M supported by Tiger Global, Benchmark, Redpoint Ventures, Index Ventures, Altimeter Capital, GV, Work-Bench, and FirstMark Capital
Series D (2020): $86.6M featuring Tiger Capital, Steamboat Ventures, Benchmark, BOND, Redpoint Ventures, GV, Index Ventures, and Altimeter Capital
Series E (2021): $160M backed by Lone Pine Capital, Altimeter Capital, and GREENOAKS
Series F (2021): $278M with participation from Index Ventures, Tiger Global Management, BENCHMARK Global Hospitality, Coatue, and Greenoaks
Key Investors in Cockroach Labs
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO, partnering with founders with bold dreams to build enduring companies. They invest globally, with offices in San Francisco and London.
Tiger Global Management
Tiger Global Management is an investment firm that deploys capital in both public and private markets, founded in 2001 and headquartered in New York City.
Google Ventures
GV is a venture capital firm founded in 2001 that invests across multiple stages and sectors, focusing on enterprise solutions, life sciences, consumer products, and frontier technology innovations globally.
What's next for Cockroach Labs?
The substantial enterprise-level funding Cockroach Labs has attracted positions it for accelerated growth and market expansion. This capital infusion is likely to fuel further development of its core CockroachDB technology, enhance its go-to-market strategies, and potentially explore new strategic partnerships. The company's focus on providing a robust, globally distributed SQL database suggests a strategic direction towards capturing a larger share of the enterprise database market, particularly among organizations prioritizing scalability, resilience, and operational efficiency. Future initiatives may include expanding its engineering talent, increasing its sales and marketing efforts, and further solidifying its competitive edge against established database providers.
See full Cockroach Labs company page