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Nile Raises $11.6 Million in Seed Round

Nile, a San Francisco, CA-based startup that aim to streamline and centralize database management for SaaS companies, raised $11.6 million in seed funding.

Ben Murray profile image
by Ben Murray
Nile Raises $11.6 Million in Seed Round

Nile, a San Francisco, CA-based startup that aim to streamline and centralize database management for SaaS companies, raised $11.6 million in seed funding.  

SaaS Investors  

The round was led by Eric Vishria, a general partner at Benchmark, a venture capital firm based in Silicon Valley. 

About Nile 

Founded by Sriram Subramanian and Gwen Shapira, Nile is a serverless Postgres database designed for modern SaaS applications. Nile's solution includes built-in support for multi-tenancy as its core primitives, addressing the challenges faced by SaaS companies in handling multi-tenant data. The platform allows developers to define which database the application needs to speak to, and Nile provides isolation at the session and connection levels.  

Funding Details               

Company: Nile Platform, Inc.  

Raised: $11.6M          

Round: Seed Round   

Funding Month: January 2024                

Lead Investors: Eric Vishria  

Additional Investors:     

Company Website: https://www.thenile.dev/   

Software Category: Database   

Source: https://techcrunch.com/2024/01/30/nile-raises-11-6m-in-seed-funding-to-build-a-postgres-powered-data-layer-for-saas-applications/ 

 

Ben Murray profile image
by Ben Murray

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