CEO: Raj Verma
SingleStore develops a distributed, SQL, relational database management system that the company said can handle operational and real-time analytical workloads. Like other next-generation database developers (such as Cockroach Labs in this roundup) SingleStore is pitching itself as a replacement for mainstream databases from Oracle and other vendors.
SingleStore (founded in 2011 as MemSQL) raised $80 million in Series E financing in December, bringing its total funding to $238 million. At the same time the San Francisco-based company struck a strategic alliance with data analytics software giant SAS under which the massively parallel analytics engine in the SAS Viya artificial intelligence and analytics platform is being integrated with the SingleStore database.
SingleStore also recently made some moves in the channel, naming CRG Solutions as a VAR for SingleStore software in Indian and ASEAN (Southeast Asian) markets and tapping NextGen as a value-added distributor in Asia-Pacific.