Capitalizing on the AI Boom: Aerospike Secures $100M for Its Real-Time Database Platform
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NoSQL database Aerospike today announced that it has raised a $100 million Series E round led by Sumeru Equity Partners.
In 2022, Aerospike added document support and then followed that up with graph and vector capabilities — two database features that are crucial for building real-time AI and ML applications.
“We were founded primarily as a real-time data platform that can work with data at really high scale, or, as we call it, unlimited scale,” Aerospike CEO Subbu Iyer said.
So our premise has held good that real-time data and real-time access to data is going to be important pretty much across every industry.
“Aerospike, with its impressive customer base and performance advantage at scale, is uniquely positioned to become a foundational element for the next generation of real-time AI applications.”