Cockroach Labs Raises $278M in Series F
Cockroach Labs has successfully raised $278M in a Series F at a $5B valuation led by Greenoaks.
Company Overview
Cockroach Labs is a Database company headquartered in New York, NY, founded in 2015 with 400+ employees.
Distributed SQL database
Fundraising Details
- Amount Raised: $278M
- Round Type: Series F
- Valuation: $5B
- Date: 2024-05-06
- Investors: Greenoaks
About Cockroach Labs
Distributed SQL database The company is positioned in the Database sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: New York, NY
- Founded: 2015
- Team Size: 400+
- Industry: Database
What This Means
This funding round demonstrates strong investor confidence in Cockroach Labs's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Database sector continues to attract significant investment as companies innovate to meet evolving market demands. Cockroach Labs's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $5B valuation marks an important milestone for Cockroach Labs, positioning the company among notable players in the Database industry.
Looking Ahead
With this new capital, Cockroach Labs is well-positioned to execute on its growth strategy and continue building innovative solutions in the Database space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-05-06. For more information about Cockroach Labs, visit their headquarters at New York, NY.
