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Edb, Leading Global Provider Of Enterprise-Class Software And Services For Postgres, Announces Majority Growth Investment From Bain Capital Private Equity

Jun 07, 2022about 3 years ago
BedfordMedia And EntertainmentSoftwareHardware

Description

EnterpriseDB (“EDB” or the “Company”), the leader in accelerating Postgres® in the enterprise, today announced a majority growth investment from Bain Capital Private Equity (“Bain Capital”). EDB will continue to operate under the leadership of Ed Boyajian, President and CEO of EDB, an open source pioneer who has led the company since 2008. Great Hill Partners, which acquired EDB in 2019, will remain a significant shareholder. Financial terms of the private transaction were not disclosed.

Company Information

Company

Edb

Location

Bedford, Pennsylvania, United States

About

EDB provides enterprise-class software and services that enable businesses and governments to harness the full power of Postgres, the world’s leading open-source database. With offices worldwide, EDB serves more than 1,500 customers, including leading financial services, government, media and communications and information technology organizations. As one of the leading contributors to the vibrant and fast-growing Postgres community, EDB is committed to driving technology innovation. With deep database expertise, EDB ensures high availability, reliability, security, 24x7 global support and advanced professional services, both on-premises and in the cloud. This empowers enterprises to control risk, manage costs and scale efficiently. For more information, visit www.enterprisedb.com