SingleStore raises additional $36M to grow its database business

SingleStore, a provider of databases for cloud and on-premises apps and analytical systems, today announced that it raised an additional $40 million, extending its Series F — which previously topped out at $82 million — to $116 million. The new cash brings the company’s total raised to $378 million, which CEO Raj Verma says is being put toward product development and expanding SingleStore’s headcount from nearly 400 employees to 485 by the end of the year.
Goldman Sachs led SingleStore’s Series F extension with participation from Sanabil, Dell Technologies Capital, Google Ven

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