RReadySet provides a data distribution layer that plugs into existing MySQL, PostgreSQL, and Amazon RDS databases to speed up read queries. It works by adding an in-memory layer and leveraging read replicas to serve reads, reducing latency and enabling horizontal scaling without requiring changes to application code. The product is delivered on a subscription basis, delivering ongoing performance improvements and scalability enhancements as data and traffic grow. ReadySet differentiates itself by offering seamless integration with current databases and avoiding code changes, focusing specifically on accelerating read performance and scaling for businesses that rely on heavy database operations. Its goal is to help customers achieve 20x to 100x faster reads and scale their database-backed applications efficiently.
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Industries
Company Size
11-50
Company Stage
Series A
Total Funding
$29M
Headquarters
Beverly Hills, CA
Founded
2020
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Total Funding
$29M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
ReadySet, a San Francisco, CA-based database acceleration company, raised $29M in Series A funding. The round was led by Index Ventures with participation from Amplify Partners, Guillermo Rauch, Spencer Kimball, Adam Gross, Jason Warner, and Yury Izrailevsky. The company intends to use the funds to deliver its cloud product and continue to expand its team. Co-founded [] The post ReadySet Raises $29M in Series A Funding appeared first on FinSMEs.
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 ReadySets total raised to $28.9 million building on a previously-undisclosed $4.9 million seed round. []
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We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
11-50
Company Stage
Series A
Total Funding
$29M
Headquarters
Beverly Hills, CA
Founded
2020
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs