Neon
CompanyIn a sign that big tech companies are ready and willing to shell out cash for database tech, Neon, a startup building an open source alternative to AWS Aurora Postgres, on Wednesday announced that Microsoft’s venture arm M12 led a $25 million strategic investment in its business. The capital will go toward R&D, Neon co-founder and CEO Nikita Shamgunov says,
Date
Aug 7, 2024
Category
devtools
fintech
Lead investor
Abstract Ventures
Stage
Venture
Size
$25M
Activant Capital
Two Sigma Ventures
Lorimer Ventures
GV
Y Combinator
Acrew Capital
Accel
Matrix Partners
Leaders Fund
Eight Roads
IVP
Notable Capital