Accel co-led EdgeDB's Series A funding round, supporting the development of a modern relational database designed to enhance developer productivity.
Information on the Target
EdgeDB, a transformative tech startup, is developing a contemporary relational database with a keen emphasis on enhancing the developer experience. This innovative database features an intuitive data model, efficient query language, user-friendly client APIs, and straightforward schema migrations, which collectively boost developer productivity by tenfold compared to traditional databases.
The founding team, Yury and Elvis, are seasoned professionals who previously operated as elite consultants. With experience working with major companies such as Microsoft, Pinterest, GE, and Nintendo, they have also made significant contributions to the open-source community, particularly within Python. Their expertise has set a solid foundation for the development of EdgeDB.
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Industry Overview in the Target's Specific Country
In the United States, the database technology industry is witnessing remarkable growth, largely driven by the increasing demand for data-driven decision-making. As org
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Accel
invested in
EdgeDB
in 2023
in a Series A deal