TigerGraph, a Redwood City, CA-based scalable graph database for the enterprise, raised $32m in Series B funding.
The round was led by SIG.
The company intends to use the funds for global expansion.
Led by Yu Xu, CEO and founder, TigerGraph is a cloud-based scalable graph database for the enterprise based on Native and Parallel Graph technology, which supports applications such as fraud detection, customer 360, MDM, IoT, AI and machine learning. The solution provides users with a cloud-based service to model, search, and traverse relationships for analytic, transactional, and real-time workloads.
It is used by customers including Amgen, China Mobile, Intuit, Wish and Zillow, along with some of the world’s largest healthcare, entertainment and financial institutions.