What is Upstash?
Founded in 2021 and headquartered in San Jose, California, Upstash operates as a serverless and edge data platform designed to empower developers. The company's offerings aim to streamline data management and deployment for modern applications, positioning it as a key player in the developer tooling and cloud infrastructure space. This latest capital infusion underscores the significant market interest in its innovative approach to data platforms.
How much funding has Upstash raised?
Upstash has raised a total of $11.9M across 2 funding rounds:
Angel/Seed
$1.9M
Series A
$10M
Angel/Seed (2022): $1.9M with participation from ScaleX Ventures, Mango Capital, and AngelList
Series A (2024): $10M led by Andreessen Horowitz
Key Investors in Upstash
Andreessen Horowitz
Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies. The company is headquartered in Menlo Park, California.
ScaleX Ventures
ScaleX Ventures is a venture capital firm that invests in exceptional founders from unexpected places, supporting their journey to global success. The company focuses on providing not just financial resources but also strategic support and guidance to help startups navigate challenges and achieve growth.
Mango Capital
Mango Capital is a seed stage venture capital firm focused on investing in pre-seed and seed stage companies in the enterprise software domain. Their key investment themes include open source technologies, devops, AI infrastructure, and more, targeting sectors like finance, commerce, and the public sector.
What's next for Upstash?
The recent major strategic investment signals a pivotal growth phase for Upstash. This financing is expected to accelerate product development, expand market reach, and enhance its platform capabilities. The company is likely to focus on scaling its operations and solidifying its position in the competitive cloud data market, leveraging this backing to drive further innovation and adoption among developers worldwide.
See full Upstash company page
