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Sumeru Equity led a $109m Series E round in Aerospike.

Synopsis

Sumeru Equity, a technology-focused growth equity firm, led a $109m Series E round in Aerospike, a high performance NoSQL database, with participation from Alsop Louie Partners. “We were founded primarily as a real-time data platform that can work with data at really high scale, or, as we call it, unlimited scale. We’ve been fortunate enough that a lot of our customers have either started their journey at scale with us, or started the journey earlier and grown into the platform. So our premise has held good that real-time data and real-time access to data is going to be important pretty much across every industry. Our founding principles were really to deliver real-time performance with data at any scale, and the lowest [total cost of ownership] on the market," Subbu Iyer, Aerospike CEO.

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