What is EDB?
Headquartered in Wilmington, Delaware, EDB provides the EDB Postgres AI platform, a sophisticated multi-model database engine that has evolved significantly since the company began building on PostgreSQL in 2006. By unifying relational, vector, document, and time series data, EDB enables organizations to streamline their data architecture. The platform supports diverse enterprise requirements, including petabyte-scale warehouse analytics via WarehousePG and real-time query capabilities through ClickHouse. Furthermore, EDB facilitates seamless transitions for enterprises migrating from legacy systems like Oracle, offering deployment flexibility across on-premises, cloud, and hybrid environments to ensure strict data sovereignty for clients in banking, government, and healthcare sectors.
How much funding has EDB raised?
EDB has raised a total of $66.1M across 6 funding rounds:
Series A
$7M
Series B
$16.5M
Series C
$10M
Unspecified
$19M
Unspecified
$7.5M
Unspecified
$6.1M
Series A (2005): $7M with participation from Valhalla Partners and Charles River
Series B (2006): $16.5M led by Fidelity Ventures
Series C (2008): $10M supported by IBM, Valhalla Partners, Fidelity Ventures, and Charles River
Unspecified (2009): $19M featuring IBM and Red Hat
Unspecified (2010): $7.5M backed by Valhalla Partners, TransLink Capital, KTB Network, and Charles River
Unspecified (2011): $6.1M, investors not publicly disclosed
Key Investors in EDB
IBM
A global technology leader providing enterprise software, infrastructure, and consulting services to drive digital transformation and hybrid cloud adoption.
Valhalla Partners
A venture capital firm focused on partnering with entrepreneurs to build enduring technology companies through seasoned advice and operational best practices.
Fidelity Ventures
A growth capital firm backed by a 40-year heritage of venture investing, specializing in supporting bold technology entrepreneurs and global market leaders.
What's next for EDB?
With a solid foundation of enterprise-level backing, EDB is positioned to accelerate its development of agentic AI tools and automated migration services. The company's strategic trajectory focuses on deepening its integration within the hybrid cloud ecosystem, allowing global enterprises to maintain high-performance data operations while navigating the complexities of modern AI application development. As the demand for unified data platforms grows, EDB is expected to leverage its recent capital to expand its footprint in InfoSec and utility markets, further cementing its role as a vital partner for organizations undergoing digital transformation.
See full EDB company page