Neo Technology’s stays true to $10m

Sep 27, 2011 • Robert Lavine

US-based database company Neo Technology closed a $10.6m round of series A funding on Wednesday, led by Fidelity Growth Partners, the corporate venturing division of US-based financial services firm Fidelity Investments.

Venture capital funds Sunstone Capital and Conor Venture Partners made up the investors in the round, having previously co-led Neo’s $2.5m seed round in October 2009.

Neo Technology builds NoSQL databases, and its Neo4J database engine is designed to solve complex data challenges for businesses. Neo plans to use…

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