R

Readyset

Accelerates database queries without code changes

Overview

ReadySet 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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About Readyset

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Industries

Data & AnalyticsEnterprise Software

Company Size

11-50

Company Stage

Series A

Total Funding

$29M

Headquarters

Beverly Hills, CA

Founded

2020

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Funding

Total Funding

$29M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
$15M
$29M
$30M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Unlimited Paid Time Off
  • Parental Leave
  • Remote Work Options
  • Company Equity

Company News

FinSMEs
Apr 6th, 2022
Readyset Raises $29M In Series A Funding

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.

TechCrunch
Apr 5th, 2022
Readyset Raises $29M To Expedite Access To Enterprise-Scale App Data

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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