The Venture Codex Logo

The Venture Codex

pgEdge

201 North Union Street, Alexandria, Virginia, 22314, United States

Overview

pgEdge develops a fully distributed PostgreSQL database that is open source and built entirely on standard PostgreSQL. Its multi-master (active-active) replication technology is designed to operate across geographic regions and multi-cloud environments to deliver high availability and significantly reduced data latency for edge computing and edge AI applications. The company positions its product for mission-critical, stateful applications deployed at or near the network edge. pgEdge said it will collaborate with Akamai on advanced edge computing and edge AI solutions. Customers named in the article include Bertelsmann, Qube RT, Jobot, the European Parliament, and several U.S. government agencies. Headquartered in Northern Virginia, pgEdge has raised a total of $23 million in seed-stage funding. pgEdge develops distributed PostgreSQL technology that enables multi-master (active-active) replication across geographic regions to reduce latency and provide ultra-high availability for mission-critical applications. The company’s core product targets developers who need to build and deploy distributed database applications across a global network. pgEdge plans to use the newly raised funds to expand operations and broaden its business reach. The company is led by co-founder and CEO Phillip Merrick and is based in Alexandria, VA. In conjunction with the funding, pgEdge announced that Ben Fried, former CIO of Google, has joined its Board of Directors; Fried spent 14 years at Google and previously worked for over a decade at Morgan Stanley. pgEdge develops a fully distributed, multi-active (multi-master) database based on open-source PostgreSQL that is optimized for the network edge. Its Distributed PostgreSQL enables presentation, compute functions and the relational database to be deployed at or near the edge to reduce latency, improve availability, and address data residency requirements without application code changes. The product is available as pgEdge Cloud, a fully managed DBaaS (planned for 2H 2023) across more than 100 zones on AWS, Azure and Google Cloud, and as pgEdge Platform, downloadable software for self-hosting on-premises or in customer-managed cloud accounts. The company emerged from stealth and is led by CEO Phillip Merrick and CTO Denis Lussier. Target customers include e-commerce companies, SaaS firms and large enterprises. pgEdge says it will use new capital to accelerate growth, expand operations and broaden its business reach.

Total raised
$19M
Funding rounds
3
Latest round
Equity
Latest activity
Aug 2024

Industries

  • Cloud Data Services
  • Cloud Infrastructure
  • Information Technology
  • Network Hardware
  • Software
Visit website

Recent funding

  1. Equity

    Aug 2024

    $10M

  2. Seed

    Mar 2023

    $9M

Team