PeerDB Revolutionizes PostgreSQL Data Movement
April 12, 2024, 3:33 pm
Location: United States, California, San Carlos
Employees: 1-10
Founded date: 2023
Total raised: $4.1M
PeerDB Inc., a startup based in San Francisco, has secured $3.6 million in seed funding to propel its innovative data movement platform for PostgreSQL databases. Led by a team of experts, PeerDB aims to address the inefficiencies and limitations of existing data pipelines, providing faster and more reliable data movement solutions for enterprises and smaller businesses alike.
PeerDB's platform stands out for its quality connectors tailored specifically for PostgreSQL databases, a critical need as PostgreSQL gains popularity among developers worldwide. With Postgres ranking fourth in the DB-Engines global ranking of database management systems and winning the DBMS Platform of the Year award in 2023, PeerDB's timing couldn't be better.
The startup's data movement platform utilizes a technique called "parallel snapshotting," enabling rapid data movement from Postgres databases in a matter of hours, a significant improvement over existing tools that can take days for synchronization. Additionally, PeerDB's platform supports advanced data types like JSONB and geospatial data, crucial for IoT applications and AI analytics.
By optimizing data modeling and infrastructure, PeerDB claims to reduce data movement costs by up to five times compared to traditional ETL tools. The platform also facilitates real-time streaming, change data capture, database migrations, high availability, and backups for Postgres databases, catering to a wide range of use cases.
Early adopters of PeerDB's platform, including Harmonic AI, Fiber AI, and Flatiron Health, have reported substantial savings and improved data movement efficiency. With a growing customer base and revenue doubling every two months, PeerDB is poised for rapid expansion in the data movement market.
8VC Partner Bhaskar Ghosh, a lead investor in PeerDB, recognizes the startup's potential in driving innovation in data movement and ETL for PostgreSQL databases. With a focus on building a strong engineering team and accelerating its go-to-market strategy, PeerDB is set to solidify its position as the go-to platform for Postgres data movement.
In a world where data is king, PeerDB's mission to revolutionize PostgreSQL data movement couldn't be more timely. As enterprises increasingly rely on data for AI analytics and hyperscale data analytics, PeerDB's platform offers a much-needed solution for efficient and cost-effective data movement, paving the way for a new era of data management excellence.
PeerDB's platform stands out for its quality connectors tailored specifically for PostgreSQL databases, a critical need as PostgreSQL gains popularity among developers worldwide. With Postgres ranking fourth in the DB-Engines global ranking of database management systems and winning the DBMS Platform of the Year award in 2023, PeerDB's timing couldn't be better.
The startup's data movement platform utilizes a technique called "parallel snapshotting," enabling rapid data movement from Postgres databases in a matter of hours, a significant improvement over existing tools that can take days for synchronization. Additionally, PeerDB's platform supports advanced data types like JSONB and geospatial data, crucial for IoT applications and AI analytics.
By optimizing data modeling and infrastructure, PeerDB claims to reduce data movement costs by up to five times compared to traditional ETL tools. The platform also facilitates real-time streaming, change data capture, database migrations, high availability, and backups for Postgres databases, catering to a wide range of use cases.
Early adopters of PeerDB's platform, including Harmonic AI, Fiber AI, and Flatiron Health, have reported substantial savings and improved data movement efficiency. With a growing customer base and revenue doubling every two months, PeerDB is poised for rapid expansion in the data movement market.
8VC Partner Bhaskar Ghosh, a lead investor in PeerDB, recognizes the startup's potential in driving innovation in data movement and ETL for PostgreSQL databases. With a focus on building a strong engineering team and accelerating its go-to-market strategy, PeerDB is set to solidify its position as the go-to platform for Postgres data movement.
In a world where data is king, PeerDB's mission to revolutionize PostgreSQL data movement couldn't be more timely. As enterprises increasingly rely on data for AI analytics and hyperscale data analytics, PeerDB's platform offers a much-needed solution for efficient and cost-effective data movement, paving the way for a new era of data management excellence.