TigerGraph, a Redwood City, CA-based provider of a graph database platform for enterprise applications, secured $31M in Series A funding.
Backers included Qiming VC, Baidu, Ant Financial, AME Cloud, Morado Ventures, Zod Nazem, Danhua Capital and DCVC.
Led by Yu Xu, founder and CEO, TigerGraph provides a native complete, distributed and parallel graph database platform for enterprise applications, which powers real-time deep link analytics for enterprises with complex and colossal amounts of data, a cloud service and GraphStudio, a visual software development kit (SDK) designed for technical and non-technical users to create, explore and query graphs visually.
TigerGraph is used by customers including Alipay, VISA, SoftBank, State Grid Corporation of China, Wish.com and Elementum with uses cases including:
– Anti-Fraud & Anti-Money Laundering,
– Customer Intelligence,
– Supply Chain Intelligence, and
– Smart Grid.