GV has made its third investment in the open-source database developer, which has now raised more than $53m since it was founded in early 2015.
US-based distributed database technology startup Cockroach Labs secured $27m on Wednesday in a series B round featuring GV, a corporate venturing subsidiary of internet and technology conglomerate Alphabet.
Redpoint Ventures led the round, which included fellow venture capital firms Benchmark, FirstMark Capital and Index Ventures, as well as enterprise software-focused VC fund Work-Bench.
Cockroach disclosed the funding at the same time as the launch of its lead product, CockroachDB, which it claims is the world’s first open source, cloud-native SQL…
