Announced
Financials
Sources
Tags
Completed
Software
software development
United States
Private Equity
Friendly
Acquisition
Minority
Private
Venture Capital
Domestic
Synopsis
Greenoaks Capital, a private equity firm, led a $278m Series F funding round in Cockroach Labs, a developer of database management systems. Additional investors include Altimeter, Bond, Benchmark, Coatue, FirstMark, GV, Index Ventures, JP Morgan Asset Management, Lone Pine Capital, Redpoint Ventures and Tiger Global. “This latest round of funding is a reflection of our customers’ rapid advances in production deployments, supporting the growth of our business as we lead the shift of transactional data to the cloud. It allows us to accelerate our investment in R&D and continue the innovation necessary to fulfill our vision," Spencer Kimball, Cockroach Labs Co-Founder and CEO.
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