Tembo's Postgres Management Revolution: A $14M Series A Funding Boost

July 4, 2024, 9:34 pm
Tembo
Tembo
AppBuildingDataDatabaseInformationInternetPlatformServiceTechnology
Location: United States, Ohio, Cincinnati
Employees: 11-50
Founded date: 2022
Total raised: $20.5M
Tembo, a Cincinnati-based provider of a Postgres managed service, has recently secured a significant milestone in its journey towards transforming the database management landscape. With a successful $14 million Series A funding round, led by GreatPoint Ventures and joined by Venrock, Grand Ventures, Wireframe Ventures, Defined Capital, Cintrifuse Capital, and angel investors, Tembo is poised to expand its operations and development efforts.

Under the leadership of Founder and CEO Ry Walker, Tembo has been at the forefront of empowering organizations with the capabilities of the open-source database Postgres for transactional, analytical, and AI workloads across various cloud platforms. The company's managed service offers customers the reliability and extensibility of Postgres, coupled with enhanced observability, compliance, and developer experience.

In the past six months, Tembo has experienced rapid growth, attracting key executives from Fortune 500 companies and innovators in the data industry. This includes the appointment of CTO Samay Sharma, who leads Product Strategy, David Wheeler, creator of pgxn overseeing the merging of Trunk and pgxn, as well as Tembo's involvement in the new pgEF foundation. Additionally, Jason Peterson and Shaun Thomas have joined Tembo as Senior Engineers, contributing their expertise to the Stacks and Cloud teams, respectively.

Tembo's mission is to simplify Postgres deployment and management, offering a virtualized runtime experience, one-click migrations, and access to the largest Postgres ecosystem. By enabling developers to control the data model lifecycle, deploy to multiple zones and clouds, and utilize advanced options such as autoscaling and hybrid transactional and analytical processing, Tembo is revolutionizing the way Postgres is utilized in the industry.

The $14 million Series A funding will be instrumental in supporting Tembo's growth trajectory, with plans to invest in new hires, advertising, product development, and developer relations. The investment signals a new era in Postgres management and innovation, with GreatPoint Ventures Managing Partner Ray Lane expressing confidence in Tembo's potential to redefine the capabilities of Postgres.

As Tembo continues to disrupt the traditional paradigms of database management, the company's commitment to empowering organizations with open-source database solutions remains unwavering. With a focus on enhancing the developer experience and challenging existing lock-in strategies, Tembo is set to lead the way in revolutionizing Postgres management for the future.