Dgraph, San Francisco- based the company behind the most popular open-source Graph database, announced a $6 million seed re-financing.
The round was led by Venrock and Uncorrelated Ventures, with participation from Abstract Ventures, HackVC, SaxeCap, and Liquid2 Ventures. World-class executives also joined the round, including DJ Patil, former US Chief Data Scientist; Michael Callahan, founder of Awake Security; Ry Walker, founder of Astronomer; Ganesh Srinivasan, Chief Product Officer at Confluent; Chris Riccomini; and JP Patil, Head of Data at Included Health.
The new funding and executive leadership team to accelerate product innovation and investment into the open source community.
Company: Dgraph Labs, Inc.
Raised: $6.0M
Round: Seed Round
Funding Month: July 2022
Lead Investors: Venrock and Uncorrelated Ventures
Additional Investors: Abstract Ventures, HackVC, SaxeCap, and Liquid2 Ventures. World-class executives, DJ Patil, Michael Callahan, Ry Walker, Ganesh Srinivasan, Chris Riccomini, JP Patil
Company Website: https://dgraph.io/
Software Category: Graph Platform
About the Company: Dgraph is the graph database company, an open source, general purpose, distributed graph database powering high-performance applications and operational needs. The only GraphQL-native graph database, Dgraph underpins the digital transformation of terabytes of data for businesses that depend on complex data structures. A vibrant open-source community downloads Dgraph over 10 million+ docker-hub pulls; Dgraph is the #1 graph database on GitHub with over 18,000 stars. Dgraph's customers include companies from Fortune 500 companies as well as rapid-growth startups. Dgraph is headquartered in California's Silicon Valley.
Source: https://www.prnewswire.com/news-releases/popular-open-source-graphql-company-dgraph-secures-6m-in-seed-round-with-new-leadership-301589818.html