ArangoDB has been adopted by industry leaders with novel use cases such as Altair, Barclays, Cisco, Juniper Networks, Refinitiv, RE/MAX, and VMware. Since its founding, ArangoDB has natively supported graph in combination with additional data formats, including JSON documents, key-value, and full-text search. SearchDataManagement ArangoDB advances graph database fortunes with new. PRWeb ArangoDB Announces 27.8 Million Series B Investment to Accelerate Development of Next-Generation Graph ML, Providing Advanced Analytics and AI Capabilities. Building on the concept of ‘graph and beyond’, ArangoDB combines graphs with JSON documents, a key-value store, and a full-text search engine, enabling developers to access and combine all of these data models with a single query language which serves as the scalable backbone for graph analytics and complex data architectures across many different industries. FinSMEs ArangoDB Raises 27.8M in Series B Funding. Memgraph this week announced it has raised 9.34 million in a seed funding round led by Microsoft’s M12, and open source newcomer TerminusDB recently closed a 4.3 million seed round to reach. Led by Claudius Weinberger, CEO, Frank Swain, Chief Revenue Officer, and Jörg Schad, Chief Technology Officer, ArangoDB provides a scalable open source graph database, with more than 11,000 stargazers on GitHub. The company intends to use the funds to expand operations and its business reach entering new markets. In conjunction with the funding, Iris Capital’s Managing Partner Curt Gunsenheimer joined ArangoDB’s board of directors, in addition to New Forge’s Mirko Novakovic. The round, which brings ArangoDB’s total financing to $47m since its foundation, was led by Iris Capital with participation from Bow Capital, Target Partners and New Forge. ArangoDB, a San Francisco CA and Cologne, Germany-based open source graph database, raised $27.8M in Series B funding.
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