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Synopsis
Insight Partners, an American venture capital and private equity firm based in New York City, led a $30m Series B round in PlanetScale, a database-as-a-service provider, with participation from a16z and SignalFire. "We set out with the goal of bringing the immense power of Vitess — a database technology made by and for hyperscalers with infinite resources — to anyone who needs a database that can be provisioned instantly by a single developer and used indefinitely, no matter how large their project or company grow. I am so proud to be able to say that we, with the help of our investors and the strength of our team, have achieved that goal. We are now focused on getting PlanetScale into the hands of the developers that need it most and look forward to seeing what amazing things they are able to create with it," Jiten Vaidya, PlanetScale Founder and CEO.
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