VEsoft Inc., the Hangzhou, China-based developer of the Nebula Graph™ database, raised $8M in a series pre-A funding round.
The round was led by Redpoint China Ventures with participation from Matrix Partners China, who previously contributed as an angel investor.
The company intends to use the funds for additional product development and to bring Nebula Graph to market in North America, Europe, and Asia.
Led by Sherman Ye, CEO and founder, VEsoft provides graph database Nebula Graph, which – soon offered as a cloud service – give large organizations a solution to store and process billions of data points with trillions of relational connections. Currently in beta mode, it will soon be commercially available.