Tech Company Financing Transactions
PlanetScale Funding Round
On 5/24/2019, PlanetScale announced $22 million in Series A funding from Andreessen Horowitz and SignalFire.
Transaction Overview
Company Name
Announced On
5/24/2019
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series A
Investors
Andreessen Horowitz (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
278 Hope St.
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Undisclosed
Website
Email Address
Overview
PlanetScale is a NewSQL database-as-a-service(DbaaS) based on the open source project. They run the world's most scalable database clusters with Vitess. They created Vitess, a MySQL sharding solution powering products such as YouTube, Slack, Square and many more. PlanetScale's expertise helps such businesses scale their new and existing infrastructure faster.
Management Team
Title
Name
Email & Social
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