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About
SingleStore provides a modern relational database that supports both cloud and on-premises environments, focusing on real-time analytics and insights for applications. Its main product, SingleStore Helios, is designed to efficiently handle both transactional (OLTP) and analytical (OLAP) workloads, allowing businesses to process large amounts of data quickly. Unlike many competitors, SingleStore emphasizes speed, scalability, and immediate insights, enabling clients to easily scale their applications without storage or compute limitations. The company operates on a subscription-based model, offering features like fast vector search and built-in data integration services, catering to a wide range of industries including finance, e-commerce, and telecommunications. The goal of SingleStore is to empower businesses to leverage big data and real-time insights to enhance decision-making and drive innovation.
Company Stage
Series F
Employees
501-1,000
Industries
Data & Analytics, Enterprise Software
Total Funding
$402.8M
Headquarters
San Francisco, California
Founded
2011
Simplify's Take
What believers are saying
- Recent acquisition of BryteFlow enhances data ingestion capabilities.
- Partnerships with cloud providers like Snowflake expand market reach.
- AI Accelerator Program in APAC fosters innovation and captures emerging markets.
What critics are saying
- Integration with Snowflake may lead to dependency issues.
- BryteFlow acquisition could cause service disruptions during integration.
- APAC AI Accelerator Program may face regulatory and market readiness challenges.
What makes SingleStore unique
- SingleStore offers real-time analytics for both cloud and on-premises environments.
- The company provides a unified platform for OLTP and OLAP workloads.
- SingleStore's database supports fast vector search and native Python Notebooks.
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6 month growth
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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.
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