ArangoDB Raises $27.8 Million in Series B   

by Kay Aloha Villamor in October 7th, 2021

ArangoDB, a San Francisco and Cologne, Germany-based most scalable open-source graph database, raised $27.8 million in a Series B round brings ArangoDB’s total financing to $47 million.

The round was led by Iris Capital, with participation from existing investors Bow Capital and Target Partners.

The new funding will allow the company to accelerate its continued development of advanced analytics – in particular scalable graph analytics – and machine learning capabilities. New roles are open across engineering, marketing, product management, sales, and recruiting, most of which are fully remote.

Company: ArangoDB Inc.

Raised: $27.8M

Round: Series B

Funding Month: October 2021

Lead Investors: Iris Capital

Additional Investors: Bow Capital and Target Partners

Company Website: https://www.arangodb.com/

Software Category: Open-source graph database

About the Company: ArangoDB is the most scalable open-source graph database, with more than 11,000 stargazers on GitHub. Building on the concept of ‘graph and beyond’, ArangoDB combines the analytical power of graphs with JSON documents, a key-value store, and a full-text search engine, enabling developers to access and combine all of these data models with a single, elegant, declarative query language. Serves as the scalable backbone for graph analytics and complex data architectures across many different industries. Founded in 2015, ArangoDB Inc. is a privately-held company backed by Bow Capital, Iris Capital, New Forge, and Target Partners. It is headquartered in San Francisco and Cologne, Germany with offices and employees around the world.

Source: https://www.arangodb.com/news/arangodb-announces-27-8-million-series-b-investment-to-accelerate-development-of-next-generation-graph-ml-capabilities/


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