pgEdge, an Alexandria, VA-based company dedicated to distributed PostgreSQL, raised $10M in funding.
The round was led by Rally Ventures, with additional contributions from existing investors Sands Capital Ventures and Grotech Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by Phillip Merrick, co-founder and CEO, pgEdge is dedicated to distributed Postgres to make it easy for developers to build and deploy distributed database applications across the global network. Its multi-masterĀ (active-active) replication technology, which can operate across geographic regions, reduces latency and ensures ultra-high availability for mission-critical applications.
In addition to the investment round, pgEdge is announcing the joining ofĀ Ben Fried, former Chief Information Office (CIO) of Google, toĀ its 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.
FinSMEs
27/08/2024