EdgeDB has successfully raised $15 million in its Series A financing round. The company's core product is an open-source graph-relational database that prioritizes developer experience, productivity, and performance. In July 2022, they released EdgeDB 2.0 with built-in access control, rich UI, and other features. They plan to release EdgeDB 3.0 in March 2023, which will include built-in full-text search, tools for query performance analysis, new capabilities of the built-in graphical UI, streamlined schema migrations, and enhancements to the query language. Additionally, they are working on launching a Cloud Beta version with the goal of reaching general availability in early 2023. The Series A was led by Nava Ventures and Accel, with other prominent funds and angels joining the round. EdgeDB's team is made up of experienced open-source contributors and engineers, and they are currently hiring for various positions.