Press Releases
December 13th, 2022
SingleStore Announces Key Innovations for World’s Only Unified Database Built for Real Time
SingleStore, the cloud-native database built for speed and scale to power real-time applications, today announced the general availability of its 8.0 release, which features even faster analytics, improved developer experience and greater ease of use.
October 11th, 2022
SingleStore appoints seasoned tech executive as new board member
SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has appointed Sue Bostrom to its board of directors.
October 3rd, 2022
SingleStore Closes Series F-2 Financing at $146M
SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has closed its F-2 round of financing at $146 million, led by Goldman Sachs.
August 30th, 2022
SingleStore Empowers Digital Innovators With Superior Database Performance and Real-Time Insights at Lower TCO
SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today unveiled Captain Metrics, DataDock Solutions, Dell Technologies, Digital Asset Research, Foodics, impact.com and Thentia as customers. Customer acquisition spanning multiple use cases and industries is just one factor in SingleStore’s impressive momentum, as the company officially reached unicorn status by closing a $116 million funding round led by Goldman Sachs Asset Management, as well as reported stellar results against major competitors in a total cost of ownership (TCO) study. Additionally, SingleStore announced its product integration with SAS Viya earlier this month, was recognized by Dresner Advisory Services and TrustRadius and was included on the Inc. 5000 list, reporting 142% average growth.
August 22nd, 2022
SAS and SingleStore Deliver Next-Generation Data and Analytics Architecture
Analytics leader SAS has joined forces with SingleStore to help organizations remove barriers to data access, maximize performance and scalability, and uncover key data-driven insights. SAS® Viya® with SingleStore enables the use of SAS analytics and AI technology on data stored in SingleStore’s cloud-native real-time database. The integration provides flexible, open access to curated data to help accelerate value for cloud, hybrid and on-premises deployments.
August 4th, 2022
SingleStore Selects AppDirect to Power Real-Time Marketplace
SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has selected AppDirect to power SingleStore Connect, a subscription commerce platform that removes the complexity of building a recurring business model. SingleStore Connect is an interactive marketplace for partners and customers to collaborate, discover new use cases and locate complementary technologies to maximize their SingleStore solution investments.
July 12th, 2022
SingleStore Announces $116M Financing Led by Goldman Sachs Asset Management
SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has raised $116 million in financing led by the growth equity business within Goldman Sachs Asset Management (Goldman Sachs) with new participation from Sanabil Investments. Current investors Dell Technologies Capital, GV, Hewlett Packard Enterprise (HPE), IBM Ventures and Insight Partners, among others, also participated in the round.
July 6th, 2022
SingleStore and Intel Collaborate to Deliver Next-Generation Real-Time Data Technology
SingleStore, the cloud-native database built for speed, scale and powering real-time data-intensive applications, announced it has been accepted as a Gold Status Partner in Intel’s Disruptor Initiative. The program helps companies push the limits of innovation through technical enablement and multi-channel go-to-market activities. As a result, SingleStore customers will benefit by realizing enhanced database performance and hardware-enhanced security to address real-time data challenges while lowering total cost of ownership (TCO).
June 15th, 2022
SingleStore Outshines Major Database Competitors in TCO Study
SingleStore, the cloud-native database built with speed and scale to power data-intensive applications, today announced the results from a performance and total cost of ownership (TCO) study conducted by analyst and media firm GigaOm. The study revealed that SingleStoreDB delivers a 50% lower TCO against the combination of MySQL and Snowflake and a 60% lower TCO compared to the combination of PostgreSQL and Redshift, leading OLTP and OLAP database combinations that customers stitch together in an attempt to power SaaS, APIs and data-intensive applications.
May 12th, 2022
SingleStore Leads Database Industry With Four Top Rated 2022 Awards From TrustRadius
SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced that TrustRadius has recognized it with 2022 Top Rated Awards. SingleStore won Top Rated in four categories – Relational Databases, Database-as-a-Service (DBaaS), In-Memory Databases and Operational Analytics. These awards recognize companies with outstanding feature sets that have gone above and beyond to delight their users.
April 4th, 2022
SingleStore Database with IBM Now Available to Empower Customers with a One-Stop Shop
SingleStore, the single database for data-intensive applications, today announced the launch of SingleStoreDB On-Premises with IBM, designed to provide enterprises with a one-stop shop that can empower them to take advantage of SingleStore’s powerful database technology with IBM.
March 29th, 2022
SingleStore Announces Appointment of Shireesh Thota as SVP of Engineering
Former Azure Data engineering lead joins Yatharth Gupta, VP of product management and a Microsoft alum, to help drive company’s next chapter of growth and product innovation
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