Neo4j, Inc., a San Mateo, CA-based graph database company, closed an $80m Series E funding.
The round, which brought total funding raised to date to $160m, was led by One Peak Partners and Morgan Stanley Expansion Capital, with participation from Creandum, Eight Roads and Greenbridge Partners.
The company intends to use the funds to expand its business reach to more graph-powered business applications, while increasing investment in its flagship graph platform to support such use cases as graph-enabled artificial intelligence (AI) and machine learning (ML) systems.
Led by founder and CEO Emil Eifrem, Neo4j is a graph database platform that drives innovation and competitive advantage at Airbus, Comcast, eBay, NASA, UBS, Walmart and more. Thousands of community deployments and more than 300 customers (including UBS, Walmart, eBay, Adobe, Volvo, Orange and AstraZeneca) use connected data with Neo4j to reveal how people, processes, locations and systems are interrelated. Using this relationships-first approach, applications built using Neo4j face connected data challenges including artificial intelligence, fraud detection, real-time recommendations and master data.
Its ecosystem include systems integrators like Capgemini and EY, cloud service providers including Amazon Web Services, Google Cloud Platform and Microsoft Azure, and a wide range of technology companies offering complimentary tools for visualization, data integration and analytics.
FinSMEs
02/11/2018