Neon (Strategic Investment)

Funding Details
Awarder
RSS - techcrunch.com
Date Award
August 07, 2024
Vertical
Database
Funding URL
View Funding Page
Premoney Valuation
$105,600,000
Valuation
$130,600,000
Funding Amount:
$25,000,000

Company Info
Founding Year
2021
Traction
Hundreds of thousands of developers are using the company’s free tier, and thousands of startups and small- and medium-sized businesses are paying for Neon’s premium services. More than 3,000 projects are created on Neon daily.
Founders
Nikita Shamgunov, Heikki Linnakangas, Stas Kelvich
Company Description
Neon is a software development company specializing in open-source cloud-native PostgreSQL database solutions.
Market
Cloud Computing
Location
San Francisco, CA, US
Coinvestors
Abstract Ventures, General Catalyst, Menlo Ventures, Notable Capital

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