Tech Company Financing Transactions
pgEdge Funding Round
Grotech Ventures and Sands Capital Management joined a $9 million Seed funding round for pgEdge. This venture round was announced on 3/7/2023.
Transaction Overview
Company Name
Announced On
3/7/2023
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Seed
Investors
Grotech Ventures (Lead Investor)
Sands Capital Management (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
201 North Union St
Alexandria, VA 22314
USA
Alexandria, VA 22314
USA
Phone
Undisclosed
Website
Email Address
Overview
pgEdge provides distributed PostgreSQL optimized for the network edge to reduce data latency and achieve ultra high availability. Only pgEdge combines multi-active (multi-master), multi-region and multi-cloud in a fully managed cloud service that is 100% standard Postgres and 100% open (source available).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Phillip Merrick
Chief Marketing Officer
Jennifer Troxell
Chief Technical Officer
Denis Lussier
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Where The Data Comes From
We do our best to record all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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