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Edgedb Raises $15M Series A Round To Bring Its Modernized Relational Database For Cutting-Edge Apps To The Cloud

PRIVATENov 07, 2022•over 3 years ago

Amount Raised

$15 Million

Round Type

series a

Toronto

Description

EdgeDB, a developer of the first open source, graph-relational database, today announced a $15M Series A investment led by Nava Ventures and Accel, with participation by industry heavyweights from Vercel, Firebase, GitHub, IBM, OpenAI, ICONIQ Capital, and Netlify. Launched in 2019, EdgeDB is reimagining relational databases with a focus on the developer experience. The company has seen rapid adoption of its database with 20,000+ monthly active users and 9.5 thousand stars on GitHub. The latest funding will be used to fuel development of EdgeDB Cloud and expand EdgeDB's development team

Company Information

Company

EdgeDB

Location

Toronto, Ontario, Canada

About

EdgeDB is an open-source object-relational database built on top of PostgreSQL. The goal of EdgeDB is to empower its users to build safe and efficient software with less effort. EdgeDB features: * strict, strongly typed schema; * powerful and expressive query language; * rich standard library; * built-in support for schema migrations; * native GraphQL support.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, FundzIQ™ for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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