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About SingleStore
Industries
Data & Analytics
Enterprise Software
Company Size
501-1,000
Company Stage
Series F
Total Funding
$464.2M
Headquarters
San Francisco, California
Founded
2011
Overview
SingleStore provides a modern relational database designed for both cloud and on-premises environments, focusing on real-time analytics and insights. Its main product, SingleStore Helios, is capable of handling both transactional (OLTP) and analytical (OLAP) workloads with high speed and scalability. Clients from various industries, including finance and e-commerce, benefit from its ability to process large volumes of data quickly. SingleStore operates on a subscription-based model, allowing clients to choose deployment options that suit their needs. The company's key advantages include its optimized query engine, infinite elasticity for scaling applications, and features like fast vector search and built-in data integration services. The goal of SingleStore is to empower businesses to leverage big data and real-time insights for better decision-making and innovation.
Simplify's Take
What believers are saying
- Growing demand for real-time data processing boosts SingleStore's market potential.
- The rise of multi-cloud strategies aligns with SingleStore's flexible deployment options.
- SingleStore's AI accelerator program in APAC enhances its presence in the AI startup ecosystem.
What critics are saying
- Intense competition from Snowflake and Databricks threatens SingleStore's market share.
- Integration challenges from BryteFlow acquisition could distract from core operations.
- Economic uncertainties may reduce demand for subscription-based database services.
What makes SingleStore unique
- SingleStore offers a unique blend of OLTP and OLAP capabilities in one platform.
- The company's no-code data migration tool significantly reduces migration time from days to hours.
- SingleStore's integration with Drizzle ORM simplifies database management for developers.
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Funding
Total Funding
$464.2M
Above
Industry Average
Funded Over
10 Rounds
Insight Partners
Accel
First Round Capital
SV Angel
New Enterprise Associates
Y CombinatorBenefits
Comprehensive Insurance - Customize a benefits plan that include health, dental and vision that best fits you and your family.
Vacation - Flexible time off, sick and parental leave programs, plus company holidays.
Company Stock Grants - As a privately held company, we strive to give meaningful stock grants through our equity program.
Wellness Programs - Fitness subsidy, Modern Health App Subscription, Team Happy Hours and events.
Personalized Workstation - Home Workstation. We provide the laptop, you design your home office any way you want it with a $500 equipment stipend.
Career Development - Matching Charitable Donations. Corporate donation matching to charitable organizations with 1-week of paid volunteer time off.
Contribute from Anywhere - Work remotely if it makes sense for you, your position, your team, and the company.
And more... Commuter benefits, monthly cell phone and internet stipend, 401k, food perks, Fertility & Family Formation reimbursement, FSA and team events and company offsites.
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 0%2 year growth
↓ -1%The report on Translytical Data Platforms recognized SingleStore as a Strong Performer.
SingleStore launches no-code solution to streamline data migration, reducing time from days to hours.
Today, SingleStore, Inc. is excited to announce the release of the SingleStore driver for Drizzle ORM.
SingleStore welcomes Andy Wild as Chief Revenue Officer.
Bharat Kathi, representing SingleStore, elaborated on the technical details of integrating SingleStore's real-time data processing capabilities with Snowflake's data infrastructure.
SingleStore is Hiring for 26 Jobs on Simplify!
Find jobs on Simplify and start your career today
UI/UX & Design
1 Open Roles
People & HR
1 Open Roles
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About SingleStore
Industries
Data & Analytics
Enterprise Software
Company Size
501-1,000
Company Stage
Series F
Total Funding
$464.2M
Headquarters
San Francisco, California
Founded
2011
SingleStore is Hiring for 26 Jobs on Simplify!
Find jobs on Simplify and start your career today
UI/UX & Design
1 Open Roles
People & HR
1 Open Roles
People Also Viewed
Discover companies similar to SingleStore