SingleStore Empowers Digital Innovators with Real-time Insights

SingleStore, a cloud-native database built for speed and scale to power data-intensive applications, unveiled Captain Metrics, DataDock Solutions, Dell Technologies, Digital Asset Research, Foodics, and Thentia Cloud as customers.

Customer acquisition spanning multiple use cases and industries is a factor in SingleStore’s momentum, as the company reached unicorn status by closing a $116 million funding round led by Goldman Sachs Asset Management. Additionally, SingleStore announced its product integration with SAS Viya was recognized by Dresner Advisory Services and TrustRadius and was included on the Inc. 5000 list, reporting 142 percent average growth.

“SingleStore is having another amazing year. This quarter started with a bang with a funding round led by new investor Goldman Sachs, and our event [r]evolution, at which we detailed our newly expanded real-time capabilities,” said SingleStore Chief Marketing Officer Suresh Sathyamurthy. “Our product innovations and unrivaled TCO continue to enable us to win forward-looking customers, receive various industry accolades and cement our position as a leader in the database industry.”

In addition to expanding its customer base with companies such as Dell and continuing to add to its capabilities for real-time applications and workloads, SingleStore has deepened its executive leadership. Recent additions to the team include Shireesh Thota as senior vice president of engineering and Yatharth Gupta as vice president of product management, Brad Kinnish as chief financial officer and Meaghan Nelson as general counsel.

SingleStoreDB empowers businesses to deliver real-time experiences by unifying transactions and analytics in the same engine – with fast, cost-efficient and powerful results.

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