Company
Date Published
Author
Adrianna Dyczkowsky
Word count
818
Language
English
Hacker News points
None

Summary

Neo4j had a remarkable year in 2021, marked by significant funding, new board appointments, and groundbreaking achievements. The company secured $390 million in Series F funding, raising its valuation to over $2 billion, and welcomed two new board members. Neo4j also conducted the Forrester TEI Study, which found that customers realized a 417% return on investment using graph technology. The company played a crucial role in exposing the Pandora Papers through its graph database capabilities. Additionally, Neo4j demonstrated its scalability by handling over a trillion relationships and showcased its AuraDB Enterprise and AuraDB Free offerings. Many leading companies, including NASA, DZD, TCS, and others, adopted Neo4j's knowledge graphs for digital transformation and cybersecurity enhancements. The company also announced the winners of this year's Graphie Awards and outlined key trends driving adoption in graph technology.