pgEdge, Inc., a prominent player in the realm of distributed PostgreSQL solutions, has recently announced a significant milestone in its growth journey. The company has successfully attracted strategic investments from notable entities, including Akamai Technologies, Inc., a leader in cybersecurity and cloud computing, and Qube Research & Technologies (QRT), a prominent investment management firm. This funding round also saw participation from existing investors, Rally Ventures and Sands Capital, bringing pgEdge’s total seed stage funding to an impressive million. This influx of capital is poised to enhance pgEdge’s innovation and expansion in the distributed PostgreSQL landscape, particularly in delivering high availability and low latency for mission-critical applications.
Strategic Partnerships and Future Innovations
Michael Merideth, Chief Architect at Akamai, expressed enthusiasm about the synergy between pgEdge’s offerings and Akamai’s capabilities. He noted, “pgEdge’s ability to provide geo-distributed PostgreSQL databases at or near the network edge for low data latency and high availability aligns perfectly with how Akamai enables organizations to deploy stateful applications on its distributed cloud.”
Nick Harris, CTO of QRT, highlighted the firm’s early engagement with pgEdge, stating, “QRT was an early customer of pgEdge, and we are excited to further cement our relationship with this investment.” This sentiment was echoed by Phillip Merrick, Co-Founder and CEO of pgEdge, who remarked, “These investments validate the value of pgEdge Distributed PostgreSQL. We are thrilled to see QRT strengthen their partnership with us and look forward to collaborating with Akamai on advanced solutions in edge computing and edge AI.”
pgEdge distinguishes itself as the only fully distributed PostgreSQL database that is open-source and entirely based on standard PostgreSQL. According to the 2024 Stack Overflow survey, PostgreSQL remains the preferred database among developers. pgEdge’s innovative multi-master (active-active) replication technology is designed to operate seamlessly across geographic regions and multi-cloud environments, ensuring high availability and significantly reduced data latency for edge computing and edge AI applications.
Founded by industry veterans with extensive PostgreSQL expertise, pgEdge is headquartered in Northern Virginia. The company is committed to simplifying the development and deployment of highly distributed database applications across global networks. Its clientele includes notable enterprises such as Bertelsmann, Qube RT, Jobot, the European Parliament, and various U.S. government agencies. With a robust investor base that includes Rally Ventures, Sands Capital Ventures, Grotech Ventures, Sand Hill East, Akamai Technologies, and Qube Research & Technologies, pgEdge is well-positioned for continued growth and innovation in the distributed database sector.
