a year ago
SurrealDB Raises $20 Million to Help Developers Consolidate Databases
SurrealDB, a startup founded by brothers Tobie and Jaime Morgan Hitchcock, has raised $20 million in Series A funding led by FirstMark and Georgian, with participation from Crew Capital and Alumni Ventures
The company, which is currently pre-revenue, plans to use the funds for product development and hiring
SurrealDB offers a multi-model database architecture that allows developers to model data using multiple different data models at once, and to deploy databases across both cloud and on-premises environments
The company believes that its database architecture can help organizations consolidate the number of databases they own and manage, reducing the cost of their tech stacks.
ProblemTechnology
"Managing multiple databases with different models and deployment requirements is complex, time-consuming, and requires developers to learn various programming languages and tools, taking time away from building applications."
Solution
"SurrealDB provides a multi-model database architecture that allows developers to use different data models, deploy across cloud and on-premises environments, and manage data consistently, simplifying infrastructure management and improving developer productivity."