5/26/2023 0 Comments Arangodb nosql 27.8m series![]() #Arangodb nosql arangodb 27.8m iris series#Ĭheck out our career page to see what we have open – we’d love for you to join us for this next chapter of ArangoDB.Open-source graph database startup ArangoDB GmbH today said it has landed $27.8 million in a new funding round led by Iris Capital.Įxisting investors Bow Capital and Target Partners also participated in the Series B round alongside another new backer, New Forge, bringing ArangoDB’s total amount raised to $47 million.ĪrangoDB has built a graph database of the same name that has the unique ability to navigate relationships between data elements and discover linkages that are difficult or impossible to detect through conventional Structured Query Language databases and relational data stores. The technology is particularly well-suited for applications that involve navigating complex interrelationships among elements. A graph database can, for example, efficiently analyze the relationships between the hardware components of a carrier network to identify performance bottlenecks. They can also power a wide range of applications in other areas, from recommendation engines to healthcare analytics systems.ĪrangoDB has some useful features that set it apart, with native support for data formats such as JSON documents, key-value and full-text search capabilities adding to its usefulness. The database is designed to scale to enterprises’ needs thanks to its unique approach of sharded data across large clusters. Database shards are horizontal partitions of data stored on separate database server instances to spread the load. ![]() The company, which was founded in 2015 and has offices in Cologne, Germany, and San Francisco, provides a free community edition of its database under a fully open-source license. #Arangodb nosql arangodb 27.8m iris free# It also offers a fully managed, cloud-based enterprise version for companies that don’t want the hassle of hosting and managing it themselves. Today’s funding is another big shot in the arm for a graph database industry that analysts believe will become hugely important in the coming years. has forecast that graph technologies will be used in 80% of data and analytics projects by 2025, up from just 10% currently. Says enterprise adoption of graph technologies will double by 2026.ĪrangoDB faces multiple competitors in the graph database market, including several that recently grabbed sizable funding rounds themselves. #Arangodb nosql arangodb 27.8m iris free#. ![]()
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