Nile secures $11.6M in seed funding to develop a robust data infrastructure for SaaS platforms
![Team Photo 3](https://techgroundnews.com/wp-content/uploads/sites/4/2024/01/Team-Photo-3-768x512.jpg)
That’s the driving idea behind Nile, a startup that aims to create this data system with serverless Postgres at its core.
This could be authentication, billing, and so on.”Unsurprisingly, that’s exactly the problem Nile tries to solve.
The idea here is that every SaaS company has a data layer at its core and since we are talking about SaaS companies, they all have to solve for multi-tenancy in some form or another, no matter whether they are in the B2B or B2C space.
Traditionally, the team argued, solving problems around data and database management was always an application problem rather than a database problem.
Nile is turning this on its head by making multi-tenancy a core feature of its Postgres solution and by separating the data layer from the compute layer.