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Founded Year

2011

Stage

Series F - III | Alive

Total Raised

$464.12M

Valuation

$0000 

Last Raised

$146M | 2 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-64 points in the past 30 days

About SingleStore

SingleStore is a company that provides a data platform for applications across various sectors. The company offers a database solution that supports transactional and analytical workloads, allowing businesses to manage data for applications, analytics, and AI. SingleStore's platform supports streaming data ingestion, MySQL-compatible architecture, point-in-time recovery, and a distributed shared-nothing architecture. SingleStore was formerly known as MemSQL. It was founded in 2011 and is based in San Francisco, California.

Headquarters Location

534 Fourth Street

San Francisco, California, 94107,

United States

855 463-6775

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SingleStore's Product Videos

SingleStore SingleStoreDB image.png

ESPs containing SingleStore

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Data Management

The relational databases market encompasses the development, provision, and adoption of database management systems (DBMS) based on the relational model. Relational databases are structured data storage systems that organize and manage data in tables with predefined relationships between them. These databases are designed to deliver maximum performance for both transactional and analytical workloa…

SingleStore named as Leader among 11 other companies, including IBM, Microsoft Azure, and EDB.

SingleStore's Products & Differentiators

    SingleStoreDB

    SingleStoreDB is the fastest cloud-native distributed SQL database on the market. It delivers maximum performance for both transactional (OLTP) and analytical (OLAP) workloads in a single unified engine to drive maximum performance for modern applications. With SingleStore, customers are able to ingest millions of events per second with ACID transactions using SingleStore Pipelines, while simultaneously delivering fast SQL queries on billions of rows of data. With 10 -100x performance at ⅓ the cost of traditional databases, SingleStore is ideal for applications that require fast data ingestion, low-latency queries and elastic scaling with familiar relational SQL. SingleStoreDB is a multi- and hybrid-cloud solution, which can be deployed on AWS, Azure, and GCP, or directly in a customer data center.

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Research containing SingleStore

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned SingleStore in 2 CB Insights research briefs, most recently on Jul 14, 2023.

Expert Collections containing SingleStore

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

SingleStore is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,257 items

T

Tech IPO Pipeline

825 items

A

Artificial Intelligence

7,146 items

SingleStore Patents

SingleStore has filed 31 patents.

The 3 most popular patent topics include:

  • database management systems
  • relational database management systems
  • data management
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/22/2021

9/3/2024

Database management systems, Relational database management systems, Data management, Free database management systems, Databases

Grant

Application Date

12/22/2021

Grant Date

9/3/2024

Title

Related Topics

Database management systems, Relational database management systems, Data management, Free database management systems, Databases

Status

Grant

Latest SingleStore News

Big Data Career Notes for December 2024

Dec 26, 2024

(metamorworks/Shutterstock) It’s that time of month again–time for Big Data Career Notes, a monthly feature where we keep you up-to-date on the latest career developments for individuals in the big data community. Whether it’s a promotion, new company hire, or even an accolade, we’ve got the details. Check in each month for an updated list and you may even come across someone you know, or better yet, yourself! Pat Gelsinger Pat Gelsinger Pat Gelsinger’s second stint at Intel ended abruptly this month when the 63-year-old CEO stepped down following poor financial results for the chipmaker. The Intel board has named David Zinsner and Michelle Johnston Holthaus as interim co-CEOs while it seeks a permanent leader for the storied firm. “Leading Intel has been the honor of my lifetime,” Gelsinger said on his X account . “I am forever grateful for the many colleagues around the world who I have worked with as part of the Intel family and can look back with pride at all that we have accomplished together. Thank you all!” Gelsinger joined Intel out of college in 1985 and was the chief architect of the i486 processor. He was Intel’s CTO from 2001 to 2009, when he left to become the CEO of VMware and COO at EMC . He returned to Intel as CEO in 2021 with a goal to lead the company back to its place at the top of the chip ladder. But after two-and-a-half years, Gelsinger had failed to turn the company around. With a market capitalization of just $82 billion, Intel fails to crack the top 10 chipmakers in terms of market cap. It’s not only far behind GPU giant Nvidia –which, with a $3.2 trillion market cap, is the most valuable company in the world–but it’s also behind X86 rival AMD , with a $193 billion market cap. “On behalf of the board, I want to thank Pat for his many years of service and dedication to Intel across a long career in technology leadership,” Frank Yeary, the interim executive chairman of the board of Intel, said in a press release. “Pat spent his formative years at Intel, then returned at a critical time for the company in 2021.” Andy MacMillan Alteryx , the embattled Southern California analytics company, has appointed IT industry veteran Andy MacMillan to be its new chief executive officer. MacMillan will be tasked with driving Alteryx to “new heights” following the company’s collapse in the public market and subsequent sale to private equity firms. Andy MacMillan “Andy’s capabilities and past leadership success in leveraging AI to drive product innovation and developing high-performing teams at scaled enterprise software companies aligns well with our investment thesis, and we believe his leadership will help propel the Company to new heights,” said Prashant Mehrotra, a partner at Clearlake, which together with Insight Partners took Alteryx private 12 months ago in a $4.4 billion deal. MacMillan joins Alteryx from UserTesting , where he served as CEO. He also spent time as the Chairman and CEO of Act-On Software , Salesforce , Oracle , and Stellent. “Great companies are built on the foundational pillars of company culture and customer-centricity, and I’m delighted to join a company that follows this same philosophy,” MacMillan said in a press release. “Together with the team, we’ll lead Alteryx into its next phase of growth and product innovation to help our customers succeed in their analytics journey.” Baaziz Achou Baaziz Achour Mobile chip giant Qualcomm has promoted Baaziz Achou to be its new chief technology officer. He will formally take the CTO role on February 3, 2025, when the current CTO, James Thompson, retires. Qualcomm first hired Achour as a systems engineer back in 1993. Over the years, he has held various leadership positions in the engineering organization, accumulating 24 U.S. patents to his name. The company says Achour, who has been deputy CTO since 2023, has been “essential” in contributing to every generation of wireless tech since then. “Baaziz will continue to extend Qualcomm’s leadership in wireless communications, computing and AI. I look forward to partnering with Baaziz in his new role,” Cristiano Amon, the president and CEO of Qualcomm, said in a press release. “I want to thank Jim for his 33 years of considerable contributions to Qualcomm.” Piyush Verma Piyush Verma Coralogix , a provider of an AI-powered IT observability platform, Coralogix has brought in Piyush Verma to be its new head of product strategy. In his new role, Verma will drive product innovation and enhance customer experiences for Coralogix, which has grown by 10x over the past three years. “The observability space is experiencing a fundamental shift, and Coralogix is at the forefront of this transformation,” Verma said in a press release. “I’m excited to join a company that’s not just growing rapidly but is actively reshaping how modern organizations approach observability.” Andy Wild Andy Wild Database provider SingleStore has hired Andy Wild to be its new chief revenue officer. In this role, Wild will be responsible for leading the global sales teams for the company, which achieved $100 million in annual recurring revenue (ARR) this year. Wild comes to SingleStore amid a 35-year career in IT, which includes senior executive roles at CA Technologies, OpTier (acquired by SAP), OpenText and IBM. “SingleStore offers an incredible product that’s deeply cherished by its user community, as it empowers them to bring their boldest, most innovative ideas to life,” Wild said. “I’m thrilled to take on the challenge of crafting growth strategies that will extend these benefits to even more users, while driving the company to new heights. I’m humbled to work alongside such a talented team, and I look forward to partnering with them to achieve our ambitious goals.” Hoang Vuong Hoang Vuong Distributed file system vendor WEKA has hired Hoang Vuong to be its new chief revenue officer. WEKA, which has more than $100 million in ARR and recently raised $140 million at a $1.6 billion valuation, has been growing quickly as companies face expanded data management needs driven by the AI boom. A seasoned technology executive, Vuong served as CFO at Amplitude Inc. from 2019 to 2023, helping to take the company public in September 2021. Before that, he was the chief operating officer and CFO of GoFundMe. He also held various leadership positions at Intuit, Demandforce, and Deloitte. “WEKA is leading the way in AI and GPU acceleration and is well positioned to ride the AI infrastructure wave,” said Vuong. “I’m beyond excited to join WEKA’s talented team and seize the opportunity ahead of us.” Pete Harteveld Pete Harteveld Cybersecurity firm Exabeam has tapped Pete Harteveld to be its new chief revenue officer. The appointment puts Harteveld in charge of what Exabeam boasts is “the world’s largest pure-play security analytics and security information and event management (SIEM) vendor.” Harteveld joined Exabeam earlier this year as part of its merger with LogRhythm. The executive has more than 20 year of experience in M&A and revenue leadership, including previous CRO roles at Aryaka and Veracode. “The cybersecurity industry is facing growing complexity, from increasing attack surfaces to a global shortage of skilled security professionals,” Harteveld said. “By optimizing how we deliver our solutions and ensuring seamless alignment with customer needs, we can empower teams to better detect and respond to threats, reduce risk, and focus on strategic priorities. I’m excited to lead the next chapter of growth for Exabeam and continue driving innovation in partnership with our talented team, customers, and partners.” To read last month’s edition of Career Notes, click here .

SingleStore Frequently Asked Questions (FAQ)

  • When was SingleStore founded?

    SingleStore was founded in 2011.

  • Where is SingleStore's headquarters?

    SingleStore's headquarters is located at 534 Fourth Street, San Francisco.

  • What is SingleStore's latest funding round?

    SingleStore's latest funding round is Series F - III.

  • How much did SingleStore raise?

    SingleStore raised a total of $464.12M.

  • Who are the investors of SingleStore?

    Investors of SingleStore include Google Ventures, Insight Partners, Hewlett Packard Enterprise, IBM Ventures, Dell Technologies Capital and 29 more.

  • Who are SingleStore's competitors?

    Competitors of SingleStore include MariaDB, CrateDB, MarkLogic, Volt Active Data, DataStax and 7 more.

  • What products does SingleStore offer?

    SingleStore's products include SingleStoreDB.

  • Who are SingleStore's customers?

    Customers of SingleStore include LiveRamp, Dell Technologies, Heap, 6sense and Comcast.

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Cockroach Labs

Cockroach Labs focuses on the development of distributed structured query language (SQL) databases. It provides CockroachDB, offering features such as elastic scaling, cloud-native compatibility, built-in survivability, and consistent SQL, primarily serving industries such as finance, gaming, manufacturing and logistics, media and streaming, retail, and e-commerce. It was founded in 2015 and is based in New York, New York.

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Cloudera

Cloudera operates in the hybrid data management and analytics sector. Its offerings include a hybrid data platform that is intended to manage data in various environments, featuring secure data management and cloud-native data services. Cloudera's tools are used in sectors such as financial services, healthcare, and manufacturing, focusing on areas like data engineering, stream processing, data warehousing, operational databases, machine learning, and data visualization. It was founded in 2008 and is based in Santa Clara, California.

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DataStax

DataStax specializes in providing a comprehensive generative AI stack for the development and deployment of production-ready applications within the technology sector. The company offers a RAG API that supports both vector and structured data, ensuring secure, compliant, and scalable solutions that are integrated with leading AI ecosystem partners. DataStax primarily caters to developers and enterprises looking to leverage generative AI technologies across various cloud platforms. It was founded in 2010 and is based in Santa Clara, California.

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Aerospike

Aerospike specializes in data management solutions within the NoSQL database sector. The company offers a distributed NoSQL database designed for high-speed reads and writes, capable of scaling from gigabytes to petabytes without performance trade-offs. Aerospike's database supports applications requiring consistent, sub-millisecond latency at a massive scale. Aerospike was formerly known as Citrusleaf. It was founded in 2009 and is based in Mountain View, California.

YugaByte Logo
YugaByte

YugaByte specializes in providing a high-performance, distributed SQL database designed for cloud native applications within the database technology sector. Its main offering, YugabyteDB, is a PostgreSQL-compatible database that supports scalable, resilient, and globally distributed architectures for mission-critical applications. YugabyteDB is available as open source software and as a managed service with various deployment options for different use cases and industries, including financial services, retail, e-commerce, and telecommunications. It was founded in 2016 and is based in Sunnyvale, California.

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