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New Deal


Announced

Completed

Goldman Sachs led a $146m Series F-2 funding round in SingleStore.

Financials

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Transaction Value£130m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Domestic

Venture Capital

Friendly

database

Software

United States

software development

Private Equity

Acquisition

Private

Completed

Synopsis

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Goldman Sachs, a global investment banking, securities and investment management firm, led a $146m Series F-2 funding round in SingleStore, a cloud-native database built for speed and scale to power data-intensive applications, with participation from Prosperity7. “Business happens in real time. Today’s organizations demand real-time data and immediate insights that empower them to make fast, informed decisions. That requires a modern data infrastructure that only SingleStore’s cloud-native database can deliver. I am excited to announce this funding, and I’d like to thank all of our investors. I look forward to applying these funds to fuel SingleStore’s continued growth and strategic initiatives," Raj Verma, SingleStore CEO.

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