pgEdge, a prominent player in the realm of distributed PostgreSQL, has secured a million investment aimed at propelling its growth and enhancing its distributed Postgres technology. This funding round is spearheaded by Rally Ventures, with significant contributions from existing investors Sands Capital Ventures and Grotech Ventures.
Innovative Technology at the Core
As the sole fully distributed PostgreSQL database that is both open-source and entirely rooted in standard PostgreSQL, pgEdge stands out in the competitive landscape. PostgreSQL consistently ranks as the preferred database among developers, and pgEdge leverages this popularity with its distinctive multi-master (active-active) replication technology. This innovation allows operations across various geographic regions, effectively minimizing latency and ensuring ultra-high availability for mission-critical applications.
Strategic Leadership Addition
In conjunction with the funding announcement, pgEdge has welcomed Ben Fried, the former Chief Information Officer (CIO) of Google, to its Board of Directors. Fried’s extensive experience, garnered during his 14-year tenure at Google, includes overseeing the creation and deployment of technologies that support the company’s global enterprise operations. Prior to his time at Google, he spent over a decade at Morgan Stanley, where he played a pivotal role in architecting the firm’s web technology platform and leading teams focused on software development infrastructure and business intelligence.
Voices from the Industry
KEY QUOTES:
- “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. 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.” – Ben Fried, Partner at Rally Ventures
- “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.” – Phillip Merrick, co-founder and CEO of pgEdge