Company
Date Published
Author
Subbu Iyer
Word count
657
Language
English
Hacker News points
None

Summary

Aerospike has secured $109M in new funding led by Sumeru Equity Partners, bringing the total investment to $114M, as it continues to innovate and grow its presence in the market for real-time databases that support operational workloads and modern AI applications. The company's graph and vector solutions enable developers to scale their data-intensive AI systems with low latency, high throughput, and a small footprint, making it an essential tool for global leaders like Adobe and PayPal. With this investment, Aerospike plans to take its innovation to the next level and meet growing demand for its products, eliminating traditional database tradeoffs and providing a multi-model critical data foundation for enterprises.