Tech Company Financing Transactions

PlanetScale Funding Round

PlanetScale secured a $50 million Series C investment round on 11/17/2021. Investors included Kleiner Perkins Caufield & Byers, Andreessen Horowitz and Insight Venture Partners.

Transaction Overview

Company Name
Announced On
11/17/2021
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
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
Phone
Undisclosed
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
PlanetScale LinkedIn Company Profile
Social Media
PlanetScale Company Twitter Account
Company News
PlanetScale News
Facebook
PlanetScale on Facebook
YouTube
PlanetScale on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jitendra Vaidya
  Jitendra Vaidya LinkedIn Profile  Jitendra Vaidya Twitter Account  Jitendra Vaidya News  Jitendra Vaidya on Facebook
Chief Technical Officer
Sugu Sougoumarane
  Sugu Sougoumarane LinkedIn Profile  Sugu Sougoumarane Twitter Account  Sugu Sougoumarane News  Sugu Sougoumarane on Facebook
VP - Finance
Karen Wong
  Karen Wong LinkedIn Profile  Karen Wong Twitter Account  Karen Wong News  Karen Wong on Facebook
VP - General Counsel
Tal Niv
  Tal Niv LinkedIn Profile  Tal Niv Twitter Account  Tal Niv News  Tal Niv on Facebook
VP - Product Management
Sam Lambert
  Sam Lambert LinkedIn Profile  Sam Lambert Twitter Account  Sam Lambert News  Sam Lambert on Facebook
VP - Sales
Vijay Nambiar
  Vijay Nambiar LinkedIn Profile  Vijay Nambiar Twitter Account  Vijay Nambiar News  Vijay Nambiar on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/17/2021: Ribbon Health venture capital transaction
Next: 11/17/2021: Upgrade venture capital transaction

 

Share this article

 


About Our VC Transactions Data

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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary