Cockroach Labs
Distributed SQL database company behind CockroachDB[7]
Recent developments
- In June 2019 CockroachDB moved from the Apache License 2.0 to the Business Source License, forbidding third parties from offering a commercial CockroachDB service without buying a license while remaining free for community use.[11]
Funding history
- Raised a $278 million Series F announced 16 December 2021 at a $5 billion valuation, led by Greenoaks with Altimeter, BOND, Benchmark, Coatue, FirstMark, GV, Index Ventures, J.P. Morgan, Lone Pine Capital, Redpoint Ventures and Tiger Global participating.[3]Dec 16, 2021
Traction
- At the Series F the company reported over 200 customers running tens of thousands of clusters globally, tripled annual recurring revenue year over year, 500% cloud revenue growth in a single quarter, more than half of customers on CockroachDB Dedicated, over 10,000 new users on the CockroachDB Serverless beta, 22,000+ GitHub stars with 500+ open-source contributors, and 100% year-over-year headcount growth.[1]Dec 16, 2021
- Founded in 2015 in New York City by three ex-Google engineers: Spencer Kimball (CEO) and Peter Mattis, both formerly on the Google File System team, and Ben Darnell, formerly on Google Reader. The initial design was written in January 2014 and the open-source project launched on GitHub in February 2014.[10]
Product
- Cockroach Labs builds CockroachDB, a source-available distributed SQL database that is PostgreSQL wire-compatible and designed as a scalable, transactional data store resilient across distributed infrastructure.[8]
Customers
- Customers cited at the Series F include Comcast, eBay, Nubank, Norfolk Southern, Bose, Form3, Mythical Games, AllSaints, Devsisters and Starburst Data.[2]Dec 16, 2021
- Customer logos on the Cockroach Labs site include OpenAI, NVIDIA, Cisco, DoorDash, Booking.com, The Home Depot, Rivian, Squarespace, FanDuel, Adyen, Allianz, CoreWeave, Estee Lauder Companies, HPE, LaunchDarkly, SumUp, Vonage, Groww, Hard Rock Digital, Kaizen Gaming and Yubi.[5]
- Case studies include Netflix operating more than 380 CockroachDB clusters, Cisco AI choosing CockroachDB over PostgreSQL, FanDuel scaling its financial ledger, Booking.com simplifying order management and SumUp migrating its global payments platform.[6]
Something wrong or missing? Send a correction. Fixed within 24 hours.