Readyset Raises $29M To Expedite Access To Enterprise-Scale App Data
04/05/22, 4:00 PM
Money raised
$29 million
Industry
consumer goods
other
software
ReadySet, a company providing database infrastructure to help developers build real-time applications, today announced that it raised $24 million in a series A funding round led by Index Ventures with participation from Amplify Partners. Several angel investors also contributed, bringing ReadySet’s total raised to $28.9 million — building on a previously-undisclosed $4.9 million seed round.
Company Info
Additional Info
The platform keeps cached results up-to-date as the underlying data, stored in persistent “base tables,” change.“At its core, ReadySet accelerates queries via a novel … caching engine that keeps cached state up-to-date automatically while supporting millions of reads per second with sub-millisecond latencies on a single node,” the company claims in its press materials. “ReadySet slots in front of existing relational databases and … can be integrated into existing [apps] without code changes.”Alternatives to ReadySet’s platform ReadySet is currently pre-revenue stage, but the company is collaborating with a small number of potential customers as design partners.