The open-source database developer has now raised more than $108m in total, having secured $55m in a round backed by Alphabet's GV unit.
GV, a corporate venturing subsidiary of internet and technology conglomerate Alphabet, participated in a $55m series C round for US-based distributed database technology provider Cockroach Labs on Tuesday.
Investment firm Altimeter Capital led the round, which was filled out by commitments from Tiger Global Management, Benchmark, Index Ventures, Redpoint Ventures, FirstMark Capital and Work-Bench. It increased the company’s total funding to more than $108m.
Cockroach’s flagship product, CockroachDB, is an open-source, cloud-native SQL database that enables customers to localise data…
