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says enterprise adoption of graph technologies will double by 2026.ĪrangoDB faces multiple competitors in the graph database market, including several that recently grabbed sizable funding rounds themselves. has forecast that graph technologies will be used in 80% of data and analytics projects by 2025, up from just 10% currently. Today’s funding is another big shot in the arm for a graph database industry that analysts believe will become hugely important in the coming years. It also offers a fully managed, cloud-based enterprise version for companies that don’t want the hassle of hosting and managing it themselves.
#Arangodb nosql arangodb 27.8m iris free#
The company, which was founded in 2015 and has offices in Cologne, Germany, and San Francisco, provides a free community edition of its database under a fully open-source license. Database shards are horizontal partitions of data stored on separate database server instances to spread the load. The database is designed to scale to enterprises’ needs thanks to its unique approach of sharded data across large clusters.
They can also power a wide range of applications in other areas, from recommendation engines to healthcare analytics systems.ĪrangoDB has some useful features that set it apart, with native support for data formats such as JSON documents, key-value and full-text search capabilities adding to its usefulness. A graph database can, for example, efficiently analyze the relationships between the hardware components of a carrier network to identify performance bottlenecks. The technology is particularly well-suited for applications that involve navigating complex interrelationships among elements.
#Arangodb nosql arangodb 27.8m iris series#
Check out our career page to see what we have open – we’d love for you to join us for this next chapter of ArangoDB.Open-source graph database startup ArangoDB GmbH today said it has landed $27.8 million in a new funding round led by Iris Capital.Įxisting investors Bow Capital and Target Partners also participated in the Series B round alongside another new backer, New Forge, bringing ArangoDB’s total amount raised to $47 million.ĪrangoDB has built a graph database of the same name that has the unique ability to navigate relationships between data elements and discover linkages that are difficult or impossible to detect through conventional Structured Query Language databases and relational data stores. We are currently hiring throughout all of our departments, and most roles are fully remote. I would also like to thank our community and users for standing by us and for showing us so much love and support over the years (as noted by the nearly 12,000 stargazers on GitHub! BTW visit us on GitHub and let it be 12,000 today).Īnd last, but certainly not least, I want to mention that our avocado grove is growing. He will continue to oversee our product development efforts, and I’m pleased to be able to officially welcome him to the ArangoDB executive team.īefore I wrap up this post, I want to take a minute to thank the entire ArangoDB Grove for all the hard work and dedication throughout the years that have made this announcement possible. Jörg joined ArangoDB two years ago as our Head of Engineering and Machine Learning and has greatly helped guide our product and development strategy as we continue to expand our graph analytic and AI capabilities.
Jörg is a frequent speaker at conferences and our own webinars and workshops.
If you want to learn more about ArangoDB I encourage you to check out ArangoDB Dev Days, our first-ever developer conference taking place October 18th-22nd. ArangoDB is focused on being at the forefront of graph analytics and continuing to expand our knowledge and technologies especially in GraphML and AI capabilities. According to research by Gartner, by 2025, graph technologies will be used in most data and analytical innovations. What does this mean moving forward? ArangoDB is focused on continuing to be the most scalable, open-source graph database and expand our reach within the market. I am really happy to be working with them.
With this round of funding, we also welcome two new board members: Curt Gunsenheimer, Managing Partner at Iris Capital, and former CEO and co-founder of Instana, Mirko Novakic, of New Forge, who also participated in this round of funding (you can read the press release for more details). Today, I am very excited to announce that we have closed a $27.8 million Series B round led by Iris Capital. We also introduced ArangoDB Oasis, our fully-hosted, managed, and monitored database service available on Azure, AWS, and Google Cloud. We expanded into Machine Learning with the introduction of ArangoML. Besides the huge improvements we added to ArangoDB, we released ArangoSearch, our natively-integrated full-text search and ranking engine for information retrieval in late 2018.
#Arangodb nosql arangodb 27.8m iris code#
Over the years, ArangoDB has continued to grow from one line of code to the company that we are today and I am extremely proud.
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