EdgeDB, a San Francisco, CA-based developer of an open source, graph-relational database, raised $15M Series A funding.
The round was led by Nava Ventures and Accel, with participation from Vercel, Firebase, GitHub, IBM, OpenAI, ICONIQ Capital, and Netlify. With this round, Daniel Levine, Accel Partner, and Freddie Martignetti, Nava Ventures Founder, will join the EdgeDB Board of Directors.
The company intends to use the funds to accelerate development of its Cloud and expand its development team.
Founded in 2019 by Yury Selivanov and Elvis Pranskevichus, EdgeDB is a developer of an open-source graph-relational database, which is designed to address some major ergonomic limitations of SQL and relational schema modeling, while improving type safety and performance. EdgeDB at its core is a relational database with an object-oriented data model, a strict graph schema, and a modern query language.
With a planned release in Q1 2023, EdgeDB Cloud will have native integrations with GitHub, Vercel, Netlify and will feature zero-configuration and streamlined DevOps, a convenient UI, and integration with the existing EdgeDB tooling.
FinSMEs
08/11/2022