PingCAP raises $270M to develop core technologies and advance global expansion of its offerings

PingCAP announced the closing of $270 million in Series D funding. The funding was jointly led by GGV Capital, Access Technology Ventures, Anatole Investment, Jeneration Capital, and 5Y Capital (formerly known as Morningside Venture Capital). Coatue, B… Continue reading PingCAP raises $270M to develop core technologies and advance global expansion of its offerings

PingCAP, the open-source developer behind TiDB, closes $270 million Series D

PingCAP, the open-source software developer best known for NewSQL database TiDB, has raised a $270 million Series D. TiDB handles hybrid transactional and analytical processing (HTAP), and is aimed at high-growth companies, including payment and e-commerce services, that need to handle increasingly large amounts of data. The round’s lead investors were GGV Capital, Access Technology […] Continue reading PingCAP, the open-source developer behind TiDB, closes $270 million Series D

PingCAP launches TiDB Cloud, a fully-managed database as a service offering

PingCAP, the team behind TiDB, announced the launch of TiDB Cloud (beta), a fully-managed database as a service offering that allows customers to launch TiDB clusters with just a few clicks. TiDB Cloud is immediately available on Amazon Web Service (AW… Continue reading PingCAP launches TiDB Cloud, a fully-managed database as a service offering