Neon
Company

Last deal

$25M

Amount

Venture - Series Unknown

Stage

07.08.2024

Date

6

all rounds

$129M

Total amount

General

About Company
Neon is a cloud-native, fully managed Postgres as a service that offers autoscaling, branching, and bottomless storage.

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Also Known As

Neon

founded date

01.03.2021

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Neon separates storage from compute, allowing developers to easily scale their Postgres databases and create branches for test environments. With a usage-based plan called Pro, small-to-medium teams can benefit from unlimited branches, unlimited compute time, and up to 200 GB of storage. Neon's storage architecture is designed to optimize latency, throughput, and cost by using a multi-tier approach and integrating with cloud object stores. The company is building an open-source cloud-native PostgreSQL and has a well-funded startup with expertise in Postgres internals. Neon's storage layer is written in Rust and its cloud control plane is written in Go.
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