PlanetScale Raises $80M in Series D

PlanetScale has successfully raised $80M in a Series D at a $1B valuation led by Insight Partners, Kleiner Perkins.

Company Overview

PlanetScale is a Data company headquartered in Mountain View, CA, founded in 2018 with 150+ employees.

Serverless MySQL database platform

Fundraising Details

• Amount Raised: $80M
• Round Type: Series D
• Valuation: $1B
• Date: 2025-10-10
• Investors: Insight Partners, Kleiner Perkins

About PlanetScale

Serverless MySQL database platform The company is positioned in the Data sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Mountain View, CA
• Founded: 2018
• Team Size: 150+
• Industry: Data

What This Means

This funding round demonstrates strong investor confidence in PlanetScale'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 Data sector continues to attract significant investment as companies innovate to meet evolving market demands. PlanetScale's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1B valuation marks an important milestone for PlanetScale, positioning the company among notable players in the Data industry.

Looking Ahead

With this new capital, PlanetScale is well-positioned to execute on its growth strategy and continue building innovative solutions in the Data space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-10-10. For more information about PlanetScale, visit their headquarters at Mountain View, CA.