Total amount raised
$241 Millions
Latest funding date
Location
Aerospike has successfully raised significant funding over multiple rounds, attracting a diverse group of investors. The company specializes in NoSQL databases designed for real-time, mission-critical applications.
Keep reading to explore the intricacies of Aerospike's fundraising journey and the investors backing this innovative platform.
What Is Aerospike?
Aerospike, founded in 2009 by Brian Bulkowski and Srini V. Srinivasan, is headquartered in Mountain View, California. The company specializes in providing a high-performance NoSQL database designed for real-time, mission-critical applications.
With a focus on speed, scalability, and reliability, Aerospike's database solutions are optimized for low-latency data access and high throughput. This makes them ideal for use cases such as real-time analytics, personalized recommendations, and fraud detection.
Currently, Aerospike employs between 51 and 100 people, continuing to innovate and expand its offerings in the database technology space.
How Much Funding Has Aerospike Raised?
- Series A
- Amount Raised: $2M
- Date: March 2011
- Lead Investors: Alsop Louie Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and launch their NoSQL database platform.
- Series B
- Amount Raised: $8M
- Date: August 2012
- Lead Investors: New Enterprise Associates
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their market reach and enhance product features.
- Series C
- Amount Raised: $20M
- Date: June 2014
- Lead Investors: New Enterprise Associates
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and support growing customer base.
- Series D
- Amount Raised: $32M
- Date: November 2019
- Lead Investors: Triangle Peak Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and expand into new markets.
- Debt Financing
- Amount Raised: $70M
- Date: January 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen financial position and support strategic initiatives.
- Series E
- Amount Raised: $109M
- Date: April 2024
- Lead Investors: Sumeru Equity Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To capitalize on the AI boom and enhance real-time database capabilities.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: December 2024
- Lead Investors: CIBC Innovation Banking
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing innovation and market expansion.
Total Amount Raised: $241M. Current Valuation: Not publicly disclosed.
Key Investors
- CIBC Innovation Banking
- Details: CIBC Innovation Banking provides strategic advice and funding to technology and life sciences companies. They are part of the Canadian Imperial Bank of Commerce, focusing on growth and expansion financing.
- Investment Focus Areas: Technology, Life Sciences, Clean Technology
- Notable Investments: Not publicly disclosed
- Sumeru Equity Partners
- Details: Sumeru Equity Partners is a private equity firm that invests in middle-market technology companies. They focus on driving growth and operational improvements in their portfolio companies.
- Investment Focus Areas: Software, Technology-Enabled Services, Hardware
- Notable Investments: GoGuardian, Buildium, Cybera
- Triangle Peak Partners
- Details: Triangle Peak Partners is a venture capital and private equity firm. They invest in growth-stage companies across various sectors, with a focus on technology and energy.
- Investment Focus Areas: Technology, Energy, Healthcare
- Notable Investments: Tesla, SolarCity, Palantir Technologies
- New Enterprise Associates
- Details: New Enterprise Associates (NEA) is one of the world's largest venture capital firms. They invest in companies across all stages, from seed to growth, with a focus on technology and healthcare.
- Investment Focus Areas: Technology, Healthcare, Consumer
- Notable Investments: Robinhood, Coursera, 23andMe
- Alsop Louie Partners
- Details: Alsop Louie Partners is a venture capital firm that invests in early-stage technology companies. They focus on disruptive technologies and innovative business models.
- Investment Focus Areas: Cybersecurity, Big Data, Consumer Internet
- Notable Investments: Niantic, Twitch, SignalFx
What's Next for Aerospike?
As Aerospike looks to the future, the company is poised to capitalize on the AI boom, leveraging its advanced NoSQL database capabilities to meet the growing demand for real-time data processing. The recent $109 million Series E funding round underscores the vast opportunities available, particularly in enhancing AI and ML applications with graph and vector capabilities.
With the market potential expanding, Aerospike may explore further fundraising opportunities to support its ambitious growth plans. However, the company will need to navigate challenges such as intense competition from other database providers and the rapid pace of technological advancements in AI and ML.
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