SurrealDB, a London, United Kingdom – based multi-model database, raised $20m in funding.
The round, which brought total funding raised to date to $26m was led by FirstMark and Georgian with participation from Crew Capital and Alumni Ventures.
Led by CEO and co-founder Tobie Morgan Hitchcock, SurrealDB is an innovative, multi-model, cloud-ready database, suitable for modern and traditional applications. With SurrealDB, developers can build modern, real-time apps fast and affordably. It minimizes the need for backend infrastructure management and complex API creation while offering flexibility across data models and cloud platforms. In addition, SurrealDB handles advanced security and access permissions and includes indexing for AI workflows, machine learning inference and model processing.
The database is built entirely on Rust, a general-purpose programming language.
The company has also announced the beta launch of Surreal Cloud.
FinSMEs
18/06/2024