Articles from SingleStore

SingleStore, a database delivering the performance, simplicity and flexibility needed to power enterprise AI, today announced its official launch in Japan. The move underscores the rising demand for high-performance, AI-optimized data infrastructure in one of the world’s most technologically advanced markets. The expansion further cements SingleStore’s leadership in delivering the real-time capabilities and foundational data strategies essential to building the next generation of high-performing enterprise AI applications.

SingleStore, the data platform that allows customers to transact, analyze and search data in real time, today announced powerful new capabilities to deliver the ever-increasing performance required for deploying AI at the enterprise level.

SingleStore, the database for real-time AI and analytics that allows customers to transact, analyze and search data in real time, today announced the launch of SingleStore Flow, a no-code solution designed to greatly simplify data migration and Change Data Capture (CDC).

SingleStore, the database and data platform that allows customers to transact, analyze and search data in real time, today announced that Andy Wild will join the company as Chief Revenue Officer. The appointment follows a year of record growth for SingleStore.

SingleStore, the world’s only database that empowers users to transact, analyze and search petabytes of data in milliseconds, today announced the acquisition of BryteFlow, a leading data integration platform.

SingleStore, the real-time data platform that allows users to transact, analyze and contextualize data, today announced its availability as a Snowflake Native App on Snowflake Marketplace. To make this possible, SingleStore has also developed a bi-directional Iceberg integration to share data with Snowflake, allowing Snowflake users to safely deploy a SingleStore cluster within their Snowflake accounts without having to move or copy data outside of the Snowflake governance boundary. Additionally, customers will be able to use Snowflake credits to pay for the compute to run their SingleStore workloads on the Snowflake platform.

SingleStore, the world’s only database that empowers users to transact, analyze and search data in real time, announced today the appointment of John Hinshaw to its board of directors. Hinshaw has more than three decades of experience in tech, and has served on the boards of several major companies, including Sysco, DocuSign, Illumio, and Bank of New York Mellon.

SingleStore, the world’s only database that empowers users to transact, analyze and search data in real time, announced its return to San Francisco’s Chase Center for its annual SingleStore Now conference on October 3, 2024. This one-day event will focus on enterprise data and AI, offering hands-on demonstrations, real customer use cases and networking to help attendees advance their ability to develop intelligent applications at enterprise scale. SingleStore also plans to make several product announcements at the event.

SingleStore, the real-time data platform for you to transact, analyze and contextualize, today announced that Jay DeGooyer is joining the company as Chief Legal Officer and Corporate Secretary. DeGooyer will oversee all legal matters, including leading the company’s day-to-day legal operations and strategy.

SingleStore, the real-time data platform for you to transact, analyze and contextualize, today announced a bi-directional integration with Apache Iceberg that opens up a world of opportunities for building intelligent applications on data lakehouses. This integration addresses the critical challenge faced by enterprises where an estimated 90% of data remains “frozen” in lakehouses and is unusable for powering interactive applications, analytics or AI.

SingleStore, the data platform that allows you to transact, analyze and contextualize data in real time, today announced that Robert O’Donovan will join the company as Chief Financial Officer. O’Donovan will be responsible for leading the company’s financing strategies as it prepares for its next chapter of expansion and growth.

SingleStore, the data platform that allows you to transact, analyze and contextualize data in real time, today announced an exclusive partnership with Agile Platform to bring real-time, AI-driven solutions to the Korean market. SingleStore's real-time data platform is designed for growing businesses dealing with modern applications, analytics, and AI — and its next-generation technology has been gaining significant traction in the APAC region.

SingleStore, the data platform that allows you to transact, analyze and contextualize data in real time, today announced it has achieved the Amazon Web Services (AWS) Generative AI Competency in the category of Infrastructure and Data. This specialization recognizes SingleStore as an AWS Partner that helps customers and the AWS Partner Network (APN) drive the advancement of services, tools and infrastructure pivotal for implementing generative AI technologies.

SingleStore, a data platform that allows you to transact, analyze and contextualize data in milliseconds, today announced it signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to accelerate their go-to-market approach.

SingleStore, the database that allows you to transact, analyze and contextualize data, today announced powerful new capabilities — making it the industry’s only real-time data platform. With its latest release, dubbed SingleStore Pro Max, the company announced ground-breaking features like indexed vector search, an on-demand compute service for GPUs/ CPUs and a new free shared tier, among several other innovative new products. Together, these capabilities shrink development cycles while providing the performance and scale that customers need for building applications.

SingleStore, the company behind a database that empowers users to transact, analyze and contextualize data in real time, today announced that SingleStoreDB will soon be available as a Snowflake Native App in the Snowflake Data Cloud. This integration, which utilizes the Snowflake Native App Framework and Snowpark Container Services, enables organizations to securely deploy SingleStoreDB inside their Snowflake account to vectorize and perform hybrid searches as part of generative AI applications without having to move or copy data outside of the Snowflake governance boundary.

SingleStore, the world’s only database that empowers users to transact, analyze and contextualize data in real time, today announced significant product innovations that unlock the frontier of real-time AI.

SingleStore, the world’s only database that empowers users to transact, analyze and contextualize data in real time, announced its upcoming generative AI conference, SingleStore Now, which will take place on October 17, 2023 at the Chase Center in San Francisco.

SingleStore, the cloud-native database built for speed and scale to power real-time applications, today announced the launch of SingleStore Kai™ for MongoDB, a new API that turbocharges real-time analytics on JSON (JavaScript Object Notation) and vector based similarity searches for MongoDB based AI applications — without the need for any query changes or data transformations.

SingleStore, the cloud-native database built for speed and scale to power real-time applications, today announced an exclusive partnership and reseller agreement with solutions by stc to bring SingleStore’s digital solutions across the Middle East. solutions by stc is the leading enabler of digital transformation in the Middle East, while SingleStore is the fastest real-time analytics database in SQL that combines analytical and transactional workloads in one unified platform.

SingleStore, the cloud-native database built for speed and scale to power real-time applications, today announced that Madhukar Kumar will join the company as its chief marketing officer and Sanjay Aurora has been promoted to senior vice president, head of sales and will oversee the U.S., EMEA and APAC sales teams.

SingleStore, the cloud-native database built for speed and scale to power real-time applications, today announced the general availability of its 8.0 release, which features even faster analytics, improved developer experience and greater ease of use. The new release is a testament to the company’s speed of innovation and impressive momentum. SingleStore was also recently recognized as a ’Strong Performer’ in the Forrester Wave™: Translytical Data Platforms, Q4 2022 and launched SingleStore Connect, a cloud-based partner ecosystem showcasing the extensive SingleStore partner network and empowering customers to create fast and interactive real-time applications. SingleStore Connect already lists AWS, IBM, Intel, Looker (Google Cloud), SAS and TIBCO, among others, in its ecosystem.

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has appointed Sue Bostrom to its board of directors. Bostrom has served on the boards of more than a dozen technology companies over the last two decades and is the former executive vice president and chief marketing officer at Cisco Systems. Her appointment comes on the heels of SingleStore announcing it closed its F-2 round of funding at $146 million.

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has closed its F-2 round of financing at $146 million, led by Goldman Sachs.

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has selected AppDirect to power SingleStore Connect, a subscription commerce platform that removes the complexity of building a recurring business model. SingleStore Connect is an interactive marketplace for partners and customers to collaborate, discover new use cases and locate complementary technologies to maximize their SingleStore solution investments.

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today unveiled Captain Metrics, DataDock Solutions, Dell Technologies, Digital Asset Research, Foodics, impact.com and Thentia as customers. Customer acquisition spanning multiple use cases and industries is just one factor in SingleStore’s impressive momentum, as the company officially reached unicorn status by closing a $116 million funding round led by Goldman Sachs Asset Management, as well as reported stellar results against major competitors in a total cost of ownership (TCO) study. Additionally, SingleStore announced its product integration with SAS Viya earlier this month, was recognized by Dresner Advisory Services and TrustRadius and was included on the Inc. 5000 list, reporting 142% average growth.

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has raised $116 million in financing led by the growth equity business within Goldman Sachs Asset Management (Goldman Sachs) with new participation from Sanabil Investments. Current investors Dell Technologies Capital, GV, Hewlett Packard Enterprise (HPE), IBM ventures and Insight Partners, among others, also participated in the round.

SingleStore, the cloud-native database built for speed, scale and powering real-time data-intensive applications, announced it has been accepted as a Gold Status Partner in Intel’s Disruptor Initiative. The program helps companies push the limits of innovation through technical enablement and multi-channel go-to-market activities. As a result, SingleStore customers will benefit by realizing enhanced database performance and hardware-enhanced security to address real-time data challenges while lowering total cost of ownership (TCO).

SingleStore, which delivers SingleStoreDB, the real-time distributed SQL database designed for data-intensive applications, today announced the latest updates to its offering. The new capabilities extend its position as the industry’s leading database for unified transactions and analytics by empowering customers to build and scale real-time applications and analytical workloads with simplicity and efficiency. With its pioneering technology, SingleStoreDB has been helping customers create fast, interactive modern SaaS applications while lowering the costs and complexity of data infrastructure.

SingleStore, the cloud-native database built with speed and scale to power data-intensive applications, today announced the results from a performance and total cost of ownership (TCO) study conducted by analyst and media firm GigaOm. The study revealed that SingleStoreDB delivers a 50% lower TCO against the combination of MySQL and Snowflake and a 60% lower TCO compared to the combination of PostgreSQL and Redshift, leading OLTP and OLAP database combinations that customers stitch together in an attempt to power SaaS, APIs and data-intensive applications. GigaOm also measured SingleStoreDB performance across three industry-standard benchmarks: TPC-C (operational), TPC-H (analytical) and TPC-DS (analytical).

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced that TrustRadius has recognized it with 2022 Top Rated Awards. SingleStore won Top Rated in four categories – Relational Databases, Database-as-a-Service (DBaaS), In-Memory Databases, and Operations Analytics. These awards recognize companies with outstanding feature sets that have gone above and beyond to delight their users.

SingleStore, the single database for data-intensive applications, today announced the launch of SingleStoreDB with IBM, designed to provide enterprises with a one-stop shop that can empower them to take advantage of SingleStore’s powerful database technology with IBM.

SingleStore, the single database for all data-intensive applications, today announced the addition of Shireesh Thota as senior vice president engineering. Thota will lead the company’s engineering efforts and oversee the design and development of the SingleStore DB product. Yatharth Gupta, meanwhile, will head up product management and design. Both Thota and Gupta will report directly to CEO Raj Verma.

SingleStore, the single database for all data-intensive applications, today announced that Directed Technologies, the leading automotive and electronics connected solutions manufacturer, forged a strategic partnership along with Sisense.

SingleStore, the single database for all data-intensive applications, today announced that it has been recognized for the first time by Gartner in the 2021 Magic Quadrant and Critical Capabilities for Cloud Database Management Systems (CDBMS).

SingleStore, the single database for all data-intensive applications, announced today that IBM has invested in the company by joining its recently announced Series F round of funding. SingleStore is on a mission to unify all data for the moments that matter by providing a modern cloud database, one that is distributed, cloud native, multi model and based on a relational foundation. IBM’s long history of investment and innovation in data and AI is a strong validation of the SingleStore technology and vision.

SingleStore, the single database for all data-intensive applications, today announced that Henock Gessesse has joined the company as general counsel. Mr. Gessesse will contribute his significant business and legal expertise to SingleStore, which added the general counsel position to provide more fuel to its already rapidly growing operation.

SingleStore, the single database for all data-intensive applications, today announced that it has raised $80 million in primary capital funding in its Series F round – the latest signal of the success of SingleStore’s cloud business and the adoption of its cloud-native database built for data-intensive applications. SingleStore indicated that the 300%+ increase in new customer acquisition for its cloud service and 150%+ year-over-year growth in cloud revenue led to raising a new round to continue to power innovation and growth. Insight Partners led the round, with participation from new investor Hewlett Packard Enterprise. Existing investors Khosla Ventures, Dell Technologies Capital, Rev IV, Glynn Capital, and Google Ventures also participated.

Inc. magazine today revealed that SingleStore, the single database for all data-intensive applications, is No. 2,624 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment – its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

SingleStore, the world’s fastest database for data-intensive applications, today announced that it has earned System and Organization Control (SOC) 2 Type 2 designation. A recognized technical audit for service organizations, SOC 2 Type 2 requires companies to establish and follow strict information security policies and procedures. This certification validates SingleStore as a trusted SaaS provider.

SingleStore, the unified database for data-intensive applications, today announced that it has received ISO 27001:2013 certification for its Information Security Management System (ISMS).

SingleStore, the world’s fastest unified database for data-intensive applications, today announced that SingleStore Managed Service is available in the Microsoft Azure Marketplace, providing Microsoft customers with an easy way to procure SingleStore technology.

SingleStore, the world’s fastest unified database for data-intensive applications, today announced the availability of the only database in the industry that addresses both analytical and transactional workloads for the multi-cloud world. SingleStore users can scale their applications flexibly and cost effectively without compromising on performance. This marks a watershed moment for the database industry, which has historically architected databases for analytical or transactional workloads.

SingleStore, the unified database for fast analytics, today announced that TrustRadius has recognized it with a 2021 Top Rated Award. SingleStore has won in two categories – Database-as-a-Service (DBaaS) and Relational Databases.

SingleStore, the unified database for fast analytics, today named Suresh Sathyamurthy Senior Vice President of growth and marketing, reporting into SingleStore’s CEO Raj Verma. Sathyamurthy brings cloud, enterprise and developer marketing skills and the ability to scale and grow emerging businesses. He will lead SingleStore’s marketing and product-led growth initiatives by increasing market awareness, generating demand and driving adoption for SingleStore with developers and enterprises.

The winners of Fast Company’s 2021 World Changing Ideas Awards were announced today, honoring the businesses, policies, projects, and concepts that are actively engaged and deeply committed to pursuing innovation when it comes to solving health and climate crises, social injustice, or economic inequality. SingleStore, the unified database for fast analytics, received an honorable mention in the AI and data category for its work with Thorn, which uses SingleStore to leverage data to find trafficked children faster.

SingleStore, the unified database for fast analytics, today announced its collaboration with IEX Cloud to deliver technology that disrupts the financial data market.

SingleStore, the unified database for fast analytics, has ranked 188 out of 500 on The Financial Times inaugural list of The Americas’ Fastest Growing Companies 2021. This prestigious award is presented by The Financial Times (FT) and Statista Inc., the world-leading statistics portal and industry ranking provider. The FT Americas’ Fastest Growing Companies is a list of enterprises that contribute most heavily to economic growth.