Goldman Sachs AM led a $116m funding round in SingleStore.

Goldman Sachs Asset Management, an investment manager, led a $116m funding round in SingleStore, a developer of a real-time analytics platform, with participation from Sanabil Investments, Dell Technologies Capital, GV, Hewlett Packard Enterprise, IBM ventures and Insight Partners. “By unifying different types of workloads in a single database, SingleStore supports modern applications, which frequently run real-time analytics on transactional data. The company aims to help organizations overcome the challenges of data intensity across multi-cloud, hybrid and on-prem environments, and we are excited to support SingleStore as it enters a new phase of growth," Holger Staude, Goldman Sachs Managing Director.