What is Dragonfly?
Founded in 2022 and headquartered in Tel Aviv, Israel, DragonflyDB is a provider of datasore solutions specifically designed for cloud environments. The company aims to address the evolving needs of data management within the dynamic landscape of cloud computing, offering specialized tools and platforms for efficient data storage and retrieval.
How much funding has Dragonfly raised?
Dragonfly has raised a total of $21M across 1 funding round:
Series A
$21M
Series A (2023): $21M with participation from Quiet Capital and Redpoint Ventures
Key Investors in Dragonfly
Quiet Capital
Quiet Capital is a founder-led venture capital firm that backs ambitious technology entrepreneurs, combining deep operating experience, patient capital and a collaborative network to help build impactful companies across software, financial, health and industrial markets.
Redpoint Ventures
Redpoint Ventures was founded in 1999 and is a venture capital firm focused on investments in early growth-stage companies.
What's next for Dragonfly?
The recent major strategic investment signals a pivotal growth phase for Dragonfly. This capital infusion is expected to fuel further development of its datasore solutions, enhance its market penetration within cloud environments, and potentially expand its operational reach. The company's focus on cloud-native data infrastructure positions it to capitalize on the increasing adoption of cloud technologies by enterprises.
See full Dragonfly company page
