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At ArangoDB, he will leverage his international go-to-market experience to help catapult the company into its next phase of growth.Īlso Read: Boosting Customer Engagement with Conversational Marketing Prior to StreamSets, Iyer has held numerous other executive positions at leading data companies, including Chief Revenue Officer at Couchbase, Global Vice President of Big Data and Analytics at SAP, and Senior Vice President and General Manager at Informatica, among others.
ARANGODB ARANGODB SERIES IRIS PROFESSIONAL
He most recently served as the President of StreamSets, where he was responsible for worldwide customer operations, including sales, marketing, solution engineering, business development partnerships, field enablement, professional services, and customer success. Iyer is a global technology executive with a wealth of experience in enterprise software. Experienced global marketing executive James Smith has also joined ArangoDB as Chief Marketing Officer (CMO). Claudius Weinberger, ArangoDB co-founder, will assume the role of Chief Product Officer (CPO) going forward, and will continue to serve on the Board of Directors. ArangoDB, the most scalable open-source graph database, today announced it has appointed Shekhar Iyer as Chief Executive Officer he will also join ArangoDB’s Board of Directors. gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More.up-to-date information on the subjects of interest to you.
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“Our series B funding will allow us to accelerate our mission to make it even easier to generate real value from data, as well as enter new markets.” “ArangoDB’s goal from day one is to make it extremely easy to handle data of any kind,” Weinberger said. With another $27.8 million in the bank, the company said it can accelerate development of its scalable graph analytics and machine learning capabilities while bolstering its headcount across engineering, marketing, product management, sales, and more. Its latest cash injection ushered in a handful of new and old investors, including Bow Capital, Target Partners, and New Forge. Memgraph this week announced it has raised $9.34 million in a seed funding round led by Microsoft’s M12, and open source newcomer TerminusDB recently closed a $4.3 million seed round to reach commercialization.ĪrangoDB, for its part, had previously raised $19.2 million, including its $10 million series A round from two years ago. There has been a flurry of activity across the graph database space of late, with TigerGraph and Neoj4 this year raising $105 million and $325 million, respectively. The company claims several notable enterprise users, including Cisco, Juniper Networks, Infosys, and Barclays.Ībove: ArangoDB dashboard view Graph database landscape
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The free community ArangoDB edition is available under a fully open source license, and the company offers a fully managed cloud incarnation that helps companies run their database without any of the infrastructures or hosting hassle, as well as an enterprise-grade edition. “Enterprises worldwide are looking for easy ways to improve business insights, use new analytics methods, and advance their AI usages.”ĪrangoDB, the commercial company behind the open source database, was founded back in 2015 and now has dual headquarters in San Francisco and Cologne, Germany.
“The key challenge of the 21st century is to get real value out of data,” ArangoDB CEO and cofounder Claudius Weinberger noted in a press release. It’s all about connecting the dots between pieces of data that are not obviously related.
ARANGODB ARANGODB SERIES IRIS SOFTWARE
Graph databases, for the uninitiated, power many modern applications, enabling fraud detection software to ingest data from different sources to identify risks and helping social networks make friend recommendations. The company launched as AvocadoDB in 2011 before changing its name a year later and is one of several notable players in the graph database space, alongside Elasticsearch, Apache Cassandra, and MongoDB.
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