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The 10 Hottest Database Startups Of 2020
Next-generation database companies are developing technologies to help businesses manage increasing volumes of data and increasingly complex data types.
Top Executive: Co-Founder CEO Arjun Narayan
Headquarters: New York
Materialize develops a streaming SQL database that makes it possible to develop applications with real-time queries and data joins that can work with live, streaming data. The database makes it possible to get low-latency query responses even as the underlying data constantly changes, incrementally changing query results as new data comes in.
Narayan, previously an engineer at Cockroach Labs, co-founded Materialize in February 2019 with Chief Scientist Frank McSherry, who earlier worked at Microsoft Research Silicon Valley.
The company has raised $40.5 million in financing, including a $32 million Series B round on Nov. 30 from Lightspeed Venture Partners and Kleiner Perkins.