Cockroach Labs hits $2B valuation with new round
January 13, 2021- Share:
Cloud database startup Cockroach Labs has raised $160 million at a $2 billion valuation. The round was led by Altimeter Capital, with support from Greenoaks, Lone Pine and others. The company's revenue and customer base have both doubled in the past year, helped by a shift to cloud services during the pandemic. New York-based Cockroach raised $86.6 million in May 2020 and its total funding now stands at $355 million.
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