SingleStore Receives $116M Financing Round

The round was led by the growth equity business within Goldman Sachs Asset Management (Goldman Sachs) with new participation from Sanabil Investments. Current investors Dell Technologies Capital, GV, Hewlett Packard Enterprise (HPE), IBM ventures and Insight Partners, among others, also participated in the round.

The world’s leading brands rely on data – to make the right business decisions, to deliver exceptional customer experiences and to stay ahead of the competition. This reliance on data brings with it a need for simplicity, speed and scale. SingleStore delivers the world’s fastest distributed SQL database for data-intensive applications, SingleStoreDB. By combining transactional and analytical workloads, SingleStore eliminates performance bottlenecks and unnecessary data movement to support constantly growing, demanding workloads. Digital giants like Hulu, Uber and Comcast, and many more of the world’s leading SaaS providers, choose SingleStore to unleash the power of their data – supercharging exceptional, real-time data experiences for their customers.

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