Tech Company Financing Transactions
PlanetScale Funding Round
PlanetScale, based in Mountain View, secured $30 million from Insight Venture Partners, Andreessen Horowitz and SignalFire.
Transaction Overview
Company Name
Announced On
6/24/2021
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jitendra Vaidya
Chief Technical Officer
Sugu Sougoumarane
VP - Finance
Karen Wong
VP - General Counsel
Tal Niv
VP - Product Management
Sam Lambert
VP - Sales
Vijay Nambiar
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We do our best to report on every notable VC transaction. VC investment data records on this site are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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