Rockset, a San Mateo, Calif.-based real-time indexing database company, raised $40m in Series B funding.
The round, which brought the total amount raised by the company to $61.5m, was led by Sequoia with participation from Greylock.
The company intends to use the funds to grow the team to accelerate product innovation and expand go-to-market efforts.
Led by Venkat Venkataramani, co-founder and CEO, Rockset is a real-time database in the cloud. Built by the creators of RocksDB, Rockset automatically builds a Converged Index™ on any data — including structured, semi-structured, geographical and time series data — for high-performance search and analytics at scale. It supports real-time SQL queries on semi-structured data, so developers have the flexibility to build features that search, aggregate and join any type of data from any source quickly.
The company also announced support for secure private deployments, providing all of the benefits of Rockset within a customer’s AWS Virtual Private Cloud (VPC) to meet the stringent security and compliance standards of large enterprises.
FinSMEs
02/11/2020