managed service Archives

Neon nabs $30M to build a scalable cloud service for Postgres databases

July 26, 2022August 10, 2022 Kyle Wiggers 263 Viewscloud, database, Dev, developer, Enterprise, Founders Fund, funding, General Catalyst, GGV, Khosla Ventures, managed service, Postgres, postgresql, Startups 4 min read

Neon, a startup providing developers with a serverless option for Postgres databases, today announced that it raised $30 million in a Series A-1 round led by GGV with participation from Khosla Ventures, General Catalyst, Founders Fund and angel investors. In an email interview with TechCrunch, CEO Nikita Shamgunov, who described the tranche as “oversubscribed,” said […]