pgEdge Raises $9M in Seed Financing

pgEdge, an Alexandria, VA-based provider of a distributed database optimized for the network edge based on PostgreSQL, raised $9M in Seed funding.

Pgedge

The round was led by Sands Capital Ventures and Grotech Ventures.

The company intends to use the funds to accelerate growth, expand operations and its business reach.

Led by CEO Phillip Merrick and CTO Denis Lussier, pgEdge emerged from stealth and launched the first fully distributed database optimized for the network edge based on the standard and popular open source PostgreSQL database. Its Distributed PostgreSQL is a multi-active (multi-master) distributed database system. With it, presentation, compute functions and open source relational database can all be deployed at or close to the network edge, providing reduced data latency, optimize customer experiences, availability, and a way to address data residency requirements without application code changes.

E-commerce companies, SaaS companies and large enterprises can apply pgEdge Distributed PostgreSQL to solve some of their toughest technology challenges.

The pgEdge Distributed PostgreSQL database is available via:

  • pgEdge Cloud: a fully managed distributed database-as-a-service (DBaaS) that includes an intuitive user interface making it easy to securely configure, provision and monitor a cluster of pgEdge databases running in any of over 100 zones across AWS, Azure and Google Cloud (2H 2023).
  • pgEdge Platform: downloadable software for self-hosting either on-premises or in the cloud for organizations that need or prefer to self-host their database software. It can be deployed on-premises or in customer-managed cloud accounts on AWS, Azure and Google Cloud; it is also suitable for developers who want to evaluate the capabilities of pgEdge.

FinSMEs

07/03/2023