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SingleStore Announces $80 Million Series E Investment, Global Strategic Relationship with Analytics Leader SAS

Dec 08, 2020•almost 5 years ago

Amount Raised

$80 Million

Round Type

series e

Description

SingleStore, The Database of NowTM, today announced $80 million in new funding and a partnership with advanced analytics leader SAS. Insight Partners led the Series E round, with participation from new financial investor Dell Technologies Capital and equity participation from Hercules Capital. Existing investors Accel, Anchorage, Glynn Capital, GV and Rev IV also participated.

Company Information

Company

Insight Partners

About

The company, which was co-founded by high school friends Jacky Koh and Daniel Vassilev in 2020, is building a developer-centric “vector” platform that enables companies to develop AI models to extract insights from unstructured data quickly, with next to no labelling or algorithm training required.

Company News

(10 articles)
Tue, 12 Aug 2025 07:00:00 GMT

Insight Partners Announces 2025 CIO Council Cohort to Accelerate Partnership and Innovation Across the Global Technology Ecosystem - PR Newswire

Mon, 25 Aug 2025 07:00:00 GMT

Early Warning Report Regarding Disposition of Common Shares by Insight Partners in The Real Brokerage Inc. - Yahoo Finance

Tue, 18 Mar 2025 07:00:00 GMT

2X Secures Strategic Investment from Insight Partners to Scale Marketing-as-a-Service Category Leadership - GlobeNewswire

Tue, 15 Oct 2024 07:00:00 GMT

Insight Partners Announces Closing of Continuation Fund III with HarbourVest Partners as Lead Investor - PR Newswire

Tue, 18 May 2021 07:00:00 GMT

Insight Partners backs cross-border payment leader Thunes with US$60 million growth round - Thunes

Wed, 19 Feb 2025 08:00:00 GMT

Cyber Investor Insight Partners Suffers Security Breach - Infosecurity Magazine

Thu, 30 May 2019 07:00:00 GMT

Insight Partners Acquires Recorded Future for $780 Million - Recorded Future

Mon, 11 Apr 2022 07:00:00 GMT

Datto to be Acquired by Kaseya for $6.2 Billion, with Funding Led by Insight Partners - Sixth Street

Thu, 16 Jan 2025 08:00:00 GMT

Global Software Investor Insight Partners Closes on $12.5B in Capital to Invest in the Next Generation of Software Leaders - PR Newswire

Tue, 02 Jul 2024 07:00:00 GMT

Insight Partners Announces Leaders for Its Third Enterprise Technology Exchange (ETX) - PR Newswire

FundzWatch™ Score

89
Medium Activity

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech