SurrealDB Funding News – Uk-based SurrealDB Raises $20Mn to Disrupt Database Tech

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A rapidly growing number of enterprises use SurrealDB to consolidate their databases into one multi-model platform. Due to its flexibility and simplifying approach, software developers are adopting multi-model databases to quickly adapt to different data requirements and reduce the need for multiple database systems.

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With over 25,000 GitHub stars, SurrealDB is one of the fastest-growing open-source database projects in the industry. SurrealDB handles advanced security and access permissions and includes indexing for AI workflows, machine learning inference and model processing.

SurrealDB has emerged as the choice for organizations burdened by the cost of managing multiple databases. On average, many organizations manage 3-4 databases, adding cost and complexity and significantly impacting developer productivity. Developers spend excessive time on infrastructure management and learning new programming languages, leaving less time for application development.

The database is built entirely on Rust, a renowned general-purpose programming language recognized for its exceptional performance in critical applications due to its strong emphasis on safety, speed, and concurrency.

”Each industry goes through phases of bundling and unbundling. The database market has seen an explosion of many different types of specialized databases in the 2010s, resulting in ever-growing complexity for developers. The pendulum has now swung back to rebundling and simplification”, said Matt Turck, Partner at FirstMark. “SurrealDB is rapidly emerging as the leader in that trend, offering tremendous versatility and performance to developers, whether they want to build simple applications or engage in advanced AI work. I’m thrilled to double down in the Series A after leading the seed round.”

About SurrealDB

SurrealDB is an innovative, multi-model, cloud-ready database, suitable for modern and traditional applications. Its versatility, and focus on developer experience, along with the ability for deployment on cloud, on-premise, embedded, and in edge computing environments, allows developers and organizations to meet the needs of their applications, without needing to worry about scalability or keeping data consistent across multiple different database platforms.