Aerospike, a Mountain View, CA-based provider of real-time vector and graph databases, raised $109M in growth funding.
Backers included Sumeru Equity Partners with additional investment from existing investor Alsop Louie Partners. George Kadifa, Sumeru Co-Founder and Managing Director, will also join Aerospike’s board as part of the transaction.
The company intends to use the funds to accelerate innovation and go-to-market capabilities for its core transaction, analytics, and AI solutions, including vector and graph databases.
Led by CEO Subbu Iyer, Aerospike provides core transaction, analytics, and AI solutions, including vector and graph databases. The developer-ready Aerospike Graph delivers predictable single-digit millisecond multi-hop graph queries at extreme throughput across billions of vertices and trillions of edges. The new Aerospike Vector Search acts on large-scale ingestion of real-time data to deliver consistent accuracy regardless of workload or data size. Aerospike’s graph and vector databases work both independently and jointly to support AI use cases, such as retrieval augmented generation (RAG), semantic search, recommendations, fraud prevention, and ad targeting.
The company powers many of the largest transactional and machine learning (AI/ML) applications at global enterprises, including Adobe, AppsFlyer, Barclays, Flipkart, Myntra, PayPal, and Riskified.
Aerospike also has offices in London, UK, Bangalore, India, and Tel Aviv, Israel.
FinSMEs
04/04/202