What is OtterTune?
OtterTune, founded by researchers from Carnegie Mellon University with expertise in database management systems and machine learning, is pioneering autonomous and self-driving database management. The company leverages advanced machine learning techniques to optimize database performance and reduce the manual effort required for tuning and maintenance. This focus on automation addresses a critical pain point for enterprises managing increasingly complex data infrastructures, positioning OtterTune as a key player in the evolving landscape of data operations.
How much funding has OtterTune raised?
OtterTune has raised a total of $14.5M across 2 funding rounds:
Angel/Seed
$2.5M
Series A
$12M
Angel/Seed (2021): $2.5M with participation from Accel
Series A (2022): $12M led by Accel, Intel Capital, and Race Capital
Key Investors in OtterTune
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. The firm focuses on supporting innovative companies and entrepreneurs.
Intel Capital
Founded in 1991, Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, and next-generation compute. Intel Capital curates thousands of business development introductions each year.
Race Capital
Race Capital is a venture capital firm located in Palo Alto that specializes in early-stage seed and pre-seed investments in the infrastructure sectors. The firm focuses on enterprise infrastructure and aims to assist startups in building successful companies efficiently.
What's next for OtterTune?
The recent strategic investment signals a pivotal growth phase for OtterTune. With substantial backing, the company is poised to accelerate its product development, expand its market reach, and further enhance its autonomous database capabilities. This capital infusion will likely support scaling operations, bolstering engineering teams, and forging new strategic partnerships. OtterTune's trajectory suggests a continued focus on delivering intelligent, self-optimizing database solutions to a broader enterprise clientele, aiming to redefine efficiency in data management.
See full OtterTune company page
