pgEdge, Inc. Secures $10 Million Investment to Propel Growth and Innovation in Distributed PostgreSQL for High Availability and Low Latency
pgEdge, Inc., a leader in distributed PostgreSQL, has secured a $10 million investment led by Rally Ventures, with contributions from Sands Capital Ventures and Grotech Ventures. This funding will accelerate pgEdge's growth and advance its distributed Postgres technology. The company offers the only fully distributed PostgreSQL database that is both open-source and based on standard PostgreSQL.
Notably, Ben Fried, former Chief Information Officer of Google, has joined pgEdge's Board of Directors. Fried brings extensive experience from his 14-year tenure at Google and previous role at Morgan Stanley. pgEdge's multi-master replication technology, operating across geographic regions, significantly reduces latency and ensures ultra-high availability for critical applications.
pgEdge, Inc., leader nel settore del PostgreSQL distribuito, ha ottenuto un investimento di 10 milioni di dollari guidato da Rally Ventures, con contributi di Sands Capital Ventures e Grotech Ventures. Questo finanziamento accelererà la crescita di pgEdge e promuoverà la sua tecnologia di Postgres distribuito. L'azienda offre l'unico database PostgreSQL completamente distribuito che è sia open-source che basato su PostgreSQL standard.
In particolare, Ben Fried, ex Chief Information Officer di Google, è entrato a far parte del Consiglio di Amministrazione di pgEdge. Fried porta con sé una vasta esperienza dalla sua carriera di 14 anni in Google e dal suo ruolo precedente in Morgan Stanley. La tecnologia di replicazione multi-master di pgEdge, operante attraverso diverse regioni geografiche, riduce significativamente la latenza e garantisce un'ultra alta disponibilità per applicazioni critiche.
pgEdge, Inc., líder en PostgreSQL distribuido, ha asegurado una inversión de 10 millones de dólares liderada por Rally Ventures, con contribuciones de Sands Capital Ventures y Grotech Ventures. Este financiamiento acelera el crecimiento de pgEdge y avanza su tecnología de Postgres distribuido. La compañía ofrece la única base de datos PostgreSQL completamente distribuida que es tanto de código abierto como basada en PostgreSQL estándar.
Destacadamente, Ben Fried, ex Director de Información de Google, se ha unido a la Junta Directiva de pgEdge. Fried aporta una amplia experiencia de su trayectoria de 14 años en Google y su papel anterior en Morgan Stanley. La tecnología de replicación multi-maestro de pgEdge, que opera a través de regiones geográficas, reduce significativamente la latencia y asegura una disponibilidad ultra alta para aplicaciones críticas.
pgEdge, Inc.는 분산 PostgreSQL의 선두주자로, Rally Ventures가 주도하고 Sands Capital Ventures 및 Grotech Ventures가 참여한 천만 달러의 투자를 확보했습니다. 이 자금은 pgEdge의 성장을 가속화하고 분산 Postgres 기술을 발전시킬 것입니다. 이 회사는 완전 분산된 PostgreSQL 데이터베이스를 제공하는 유일한 회사로, 오픈 소스이며 표준 PostgreSQL을 기반으로 합니다.
특히, 벤 프리드는 구글의 전 최고 정보 책임자로 pgEdge의 이사회에 합류했습니다. 프리드는 구글에서 14년 동안의 경력과 모건 스탠리에서의 이전 역할로부터 폭넓은 경험을 제공합니다. pgEdge의 다중 마스터 복제 기술은 지리적 지역 전역에서 작동하며, 지연 시간을 크게 줄이고 중요한 애플리케이션에 대해 초고가용성을 보장합니다.
pgEdge, Inc., un leader dans le domaine de PostgreSQL distribué, a sécurisé un investissement de 10 millions de dollars dirigé par Rally Ventures, avec des contributions de Sands Capital Ventures et Grotech Ventures. Ce financement va accélérer la croissance de pgEdge et faire progresser sa technologie Postgres distribuée. L'entreprise propose la seule base de données PostgreSQL entièrement distribuée qui soit à la fois open-source et basée sur le PostgreSQL standard.
Notamment, Ben Fried, ancien Chief Information Officer de Google, a rejoint le Conseil d'Administration de pgEdge. Fried apporte une vaste expérience de ses 14 années passées chez Google et de son rôle précédent chez Morgan Stanley. La technologie de réplication multi-maître de pgEdge, opérant à travers les régions géographiques, réduit considérablement la latence et assure une disponibilité ultra-élevée pour des applications critiques.
pgEdge, Inc. ist ein führendes Unternehmen im Bereich des verteilten PostgreSQL und hat eine Investition von 10 Millionen Dollar gesichert, die von Rally Ventures geleitet wird, mit Beiträgen von Sands Capital Ventures und Grotech Ventures. Diese Finanzierung wird das Wachstum von pgEdge beschleunigen und die Technologie von verteiltem Postgres voranbringen. Das Unternehmen bietet die einzige vollständig verteilte PostgreSQL-Datenbank, die sowohl Open Source ist als auch auf dem Standard-PostgreSQL basiert.
Bemerkenswert ist, dass Ben Fried, ehemaliger Chief Information Officer von Google, dem Vorstand von pgEdge beigetreten ist. Fried bringt umfassende Erfahrungen aus seiner 14-jährigen Karriere bei Google und seiner vorherigen Tätigkeit bei Morgan Stanley mit. Die Multi-Master-Replikationstechnologie von pgEdge, die in verschiedenen geografischen Regionen betrieben wird, reduziert erheblich die Latenz und gewährleistet eine ultra-hohe Verfügbarkeit für kritische Anwendungen.
- Secured $10 million investment to accelerate growth and technology development
- Former Google CIO Ben Fried joined the Board of Directors
- Strong revenue growth reported
- Onboarded high-profile customers including European Parliament and Jobot
- None.
Insights
pgEdge's
The addition of Ben Fried, former Google CIO, to the board brings valuable expertise in scaling technology operations. This could enhance pgEdge's strategic decision-making and potentially open doors to high-profile enterprise clients. The company's reported strong revenue growth and impressive client roster, including the European Parliament, suggest a solid market fit and potential for continued expansion in the competitive database market.
pgEdge's distributed PostgreSQL technology addresses a critical need in the database market. Their multi-master replication across geographic regions is a game-changer for applications requiring ultra-low latency and high availability. This approach differs from traditional master-slave setups, allowing for active-active configurations that can significantly improve performance and reliability.
The fact that pgEdge is built on standard PostgreSQL, the top choice among developers according to the Stack Overflow survey, gives it a strong foundation. This compatibility ensures a large pool of skilled developers and easier integration with existing PostgreSQL ecosystems. However, implementing distributed systems comes with challenges like data consistency and conflict resolution, which pgEdge will need to address robustly to maintain its market position.
The
pgEdge's client list, spanning diverse sectors from government (European Parliament) to AI-driven recruitment (Jobot) and geoscience (Kobold Metals), indicates broad market appeal. This diversity could provide resilience against sector-specific downturns. However, the distributed database market is competitive, with giants like Google and Amazon offering their solutions. pgEdge will need to leverage its PostgreSQL specialization and open-source approach to maintain its growth trajectory.
Rally Ventures Leads Investment Round; Former Google CIO Ben Fried Joins pgEdge Board of Directors
pgEdge remains the only fully distributed PostgreSQL database that is both open-source and entirely based on standard PostgreSQL. According to a 2024 Stack Overflow survey, PostgreSQL continues to be the number one database choice among developers. pgEdge's unique multi-master (active-active) replication technology, which can operate across geographic regions, significantly reduces latency and ensures ultra-high availability for mission-critical applications.
In addition to the investment round, pgEdge is announcing the joining of Ben Fried, former Chief Information Office (CIO) of Google, to pgEdge's Board of Directors. Fried brings a wealth of experience from his 14-year tenure at Google, where he oversaw the creation and deployment of technologies that power Google's global enterprise operations. Prior to his role at Google, Fried spent over a decade at Morgan Stanley, where he was the architect of the firm's web technology platform and led teams responsible for software development infrastructure and business intelligence.
"pgEdge is at the forefront of innovation in distributed PostgreSQL, a technology that is increasingly critical for enterprises needing ultra-high availability and reduced latency across geographic regions," said Ben Fried, Partner at Rally Ventures. "The company's highly experienced leadership team, with a proven track record in scaling early-stage companies, coupled with the company's industry leading and open distributed Postgres technology, made this a compelling addition to our portfolio."
Phillip Merrick, co-founder and CEO of pgEdge, expressed his enthusiasm for the partnership with Rally Ventures and the addition of Fried to the board: "We are pleased to welcome Rally Ventures and Ben Fried to pgEdge. Their investment and expertise will be invaluable as we continue to scale our operations. pgEdge's strong revenue growth and the onboarding of cutting-edge SaaS and enterprise customers such as the European Parliament, Jobot, Enquire.ai, Qube RT and Kobold Metals underscore our momentum in the market."
About Rally Ventures
Rally Ventures invests exclusively in early-stage business technology companies, focusing on entrepreneurs creating major new markets or bringing transformative approaches to existing ones. Since 1997, Rally Ventures' partners and venture capital industry veterans have invested in or run early-stage enterprise business-to-business technology companies with a proven ability to deliver superior returns regardless of the overall market environment. For more information visit rallyventures.com.
About pgEdge
pgEdge, the leading company dedicated to distributed Postgres, has made its mission to make it easy for developers to build and deploy highly distributed database applications across the global network. Founded by industry veterans who have championed enterprise usage of the PostgreSQL database for several decades and helped run the world's largest managed database cloud services, pgEdge is headquartered in
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SOURCE pgEdge
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