The company reports it has raised a total of $633 million with over $550 million coming across three rounds that began with an $86.6 million round in May 2020. The company reports it has 200 paying customers, with the cloud side of the business growing at 500% over the last year and ARR tripling YoY from Q3 to Q3. While the majority of revenue still comes from the self-hosted version, the company expects the hosted version to continue to grow faster over time. The company found that cloud-native companies were getting far more revenue growth out of their hosted versions than self-installed. Image Credits: Battery VenturesThe company currently partners with Amazon and Google on the cloud install side, with plans to support Microsoft Azure in 2022. Today, however, the company sees Amazon much more as a partner, using Amazon’s services in-house, hosting its SaaS version on Amazon and even having Amazon as a go-to market partner where Amazon sells Cockroach to its customers when appropriate. Kimball expects this could be the last round the company raises, although he left the door open to raise more if the right opportunity presented itself. The company hired a CFO this year, often the first step before going public, so all the signals are there — the big round, the flashy valuation, the growth trajectory, the new CFO — the company just needs to decide when the time is right.