GV helped longtime portfolio company and database platform developer Cockroach Labs take its total funding to $355m at a $2bn valuation.

US-based distributed database software provider Cockroach Labs secured $160m in funding yesterday from investors including GV, an early-stage investment subsidiary of internet and technology group Alphabet, at a $2bn valuation.

Growth equity firm Altimeter Capital led the round, which also featured Greenoaks, Lone Pine, Benchmark, Bond, FirstMark, Index Ventures and Tiger Global Management.

Cockroach is the developer of CockroachDB, a distributed database platform utilising the SQL programming language, designed for use with cloud applications and services. It said it has…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.