The funding fuels the company’s product innovation to provide graph technology that far exceeds the most demanding customer requirements across data science, machine learning, cloud deployment, and real-time performance.Īlso Read: Budget 2021 – Are CMOs Prioritizing Investments in Marketing Technology? Neo4j’s market leadership is accelerating along several axes. Used by more than 75 per cent of the Fortune 100, Neo4j’s graph data platform enables mission-critical workloads for the world’s largest connected data applications. , UBS, Volvo Cars, and Walmart, Neo4j is the world’s most widely deployed graph database. Trusted by more than 800 enterprise customers, including Adobe, AstraZeneca, eBay, Levi Strauss & Co. This transaction represents the largest investment in a private database company and raises Neo4j’s valuation to over $2 billion.Įxisting investors One Peak (an investor since 2018), Creandum (an investor since 2014), and Greenbridge Partners (an investor since 2016), as well as new investors DTCP and Light rock, also participated.Įmil Eifrem, Neo4j’s CEO and Co-Founder characterised the news as an inflexion point in the broader database market and welcomed investment partners Eurazeo, GV, DTCP, and Light rock.Īccording to Gartner, “By 2025, graph technologies will be used in 80 per cent of data and analytics innovations, up from 10 per cent in 2021, facilitating rapid decision making across the enterprise.” Neo4j, the leader in graph technology, announced a Series F funding round as part of a $325 million investment led by Eurazeo with participation from GV (formerly Google Ventures ). Eurazeo Leads Series F Round, Raising the Company’s Valuation to Over $2 Billion
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