Neon (Strategic Investment)
Funding Details
Awarder
RSS - techcrunch.com
Date Award
August 7, 2024
Vertical
Database
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
Market
Cloud Computing
Location
San Francisco, CA, US
Coinvestors
Abstract Ventures, General Catalyst, Menlo Ventures, Notable Capital
Company Description

Neon is a software development company specializing in open-source cloud-native PostgreSQL database solutions.