What is PingCAP?
PingCAP is the creator of TiDB, an advanced, open-source distributed SQL database designed to streamline tech stacks and provide elastic scaling, real-time analytics, and continuous data access within a single database. This innovative approach allows growing businesses to focus on future development rather than the complexities of data infrastructure management. TiDB is trusted by major global companies across technology, financial services, Web3, and gaming sectors for their business-critical workloads. Headquartered in Silicon Valley, PingCAP's technology addresses the evolving needs of enterprises requiring high-performance, scalable, and reliable database solutions.
How much funding has PingCAP raised?
PingCAP has raised a total of $335M across 3 funding rounds:
Series B
$15M
Series C
$50M
Series D
$270M
Series B (2017): $15M with participation from China Growth Capital, Yunqi Partners, FreeS Fund, and K2vc
Series C (2018): $50M led by China Growth Capital, Yunqi Partners, Fosun Group, Matrix Partners, and Morningside Group
Series D (2020): $270M supported by Access Technology Ventures, FutureX Capital, Kunlun Capital, Anatole Investment, Jeneration Capital, Bertelsmann Asia Investment Fund, Yunqi Partners, 5Y Capital, Trustbridge Partners, Matrix Partners China, Coatue, and GGV Capital
Key Investors in PingCAP
Access Technology Ventures
Access Technology Ventures is a venture capital firm focused on being flexible, long-term partners to market-leading technology companies, investing in foundational companies across consumer and enterprise tech. They are part of Access Industries, a global industrial group with significant strategic investments.
Yunqi Partners
Yunqi Partners is a venture capital firm specializing in Enterprise and Productivity solutions, with a strong focus on companies made in or for China. The firm was founded by experienced investors with deep venture capital industry backgrounds.
Trustbridge Partners
Trustbridge Partners is a leading growth equity investor with a focus on high-quality growth opportunities in China, managing significant assets from a diverse investor base. They concentrate on the TMT, consumer, and healthcare sectors.
What's next for PingCAP?
The substantial enterprise-level funding PingCAP has garnered positions it for accelerated growth and market expansion. This strategic capital is expected to fuel further development of TiDB's capabilities, enhance its open-source ecosystem, and broaden its global reach. With a focus on empowering businesses with advanced data management, PingCAP is poised to capture a larger share of the enterprise database market, particularly among organizations seeking to modernize their data architectures and leverage real-time analytics for competitive advantage.
See full PingCAP company page
