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Open Source NebulaGraph Database Raises Tens of Millions of Dollars in Series A Funding

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Hangzhou, China, September 16, 2022 –(PR.com)– NebulaGraph, a leading open source graph database, announced it raised tens of millions of US dollars in Series A funding. Investors in the round are led by Jeneration Capital, with participation from the previous investors – Matrix Partner China, Redpoint China Ventures, and Source Code Capital. China Renaissance served as the exclusive financial advisor in this financing round.

NebulaGraph plans to continue building its established business strategy by accelerating the pace of its expansion to the global market, while also strengthening R&D to enhance product performance and differentiation with cutting-edge graph technology.

Earlier this year, NebulaGraph joined Linked Data Benchmark Council (LDBC) as an organizational member to participate in developing graph industry standards and specifications, especially the creation and popularization of Graph Query Language (GQL), which is a…

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