Neon (Software Development Applications) Overview
- Year Founded
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2021
- Status
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Acquired/Merged
- Employees
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159
- Latest Deal Type
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M&A
- Latest Deal Amount
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$1B
Neon (Software Development Applications) General Information
Description
Developer of open-source cloud-native Postgres designed to create a cloud-native database service for developers. The company's system separates storage and computes to offer autoscaling, branching, and bottomless storage, as well as offer, features such as reliability, auto-backup, and open-source, enabling SaaS companies to enhance engineering velocity and reduce cost.
Contact Information
Website
www.neon.com(Operating Subsidiary)
Corporate Office
- 2128 Sand Hill Road
- Menlo Park, CA 94025
- United States
Corporate Office
- 2128 Sand Hill Road
- Menlo Park, CA 94025
- United States
Neon (Software Development Applications) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 03-Jun-2025 | $1B | Completed | Generating Revenue | ||
| 4. Early Stage VC | 07-Aug-2024 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 07-Jul-2023 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A1) | 07-Jul-2022 | $30M | $58M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Jan-2021 | $28M | $28M | Completed | Startup |
Neon (Software Development Applications) Comparisons
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Financing
Details
Neon (Software Development Applications) Competitors (5)
One of Neon (Software Development Applications)’s 5 competitors is Nile (Software Development Applications), a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nile (Software Development Applications) | Venture Capital-Backed | San Francisco, CA | ||||
| PlanetScale | Venture Capital-Backed | Mountain View, CA | ||||
| Supabase | Venture Capital-Backed | Singapore, Singapore | ||||
| Xata | Formerly VC-backed | San Francisco, CA | ||||
| Cockroach Labs | Venture Capital-Backed | New York, NY |
Neon (Software Development Applications) Related Research & Analysis
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Neon (Software Development Applications) Signals
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Neon (Software Development Applications) Former Investors (28)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Abstract Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Correlation Ventures | Venture Capital | Minority | ||
| Databricks Ventures | Corporate Venture Capital | Minority |
Neon (Software Development Applications) FAQs
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When was Neon (Software Development Applications) founded?
Neon (Software Development Applications) was founded in 2021.
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Where is Neon (Software Development Applications) headquartered?
Neon (Software Development Applications) is headquartered in Menlo Park, CA.
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What is the size of Neon (Software Development Applications)?
Neon (Software Development Applications) has 159 total employees.
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What industry is Neon (Software Development Applications) in?
Neon (Software Development Applications)’s primary industry is Software Development Applications.
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Is Neon (Software Development Applications) a private or public company?
Neon (Software Development Applications) is a Private company.
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What is the current valuation of Neon (Software Development Applications)?
The current valuation of Neon (Software Development Applications) is .
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What is Neon (Software Development Applications)’s current revenue?
The current revenue for Neon (Software Development Applications) is .
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How much funding has Neon (Software Development Applications) raised over time?
Neon (Software Development Applications) has raised $130M.
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Who are Neon (Software Development Applications)’s investors?
Abstract Ventures, , , Correlation Ventures, and Databricks Ventures are 5 of 28 investors who have invested in Neon (Software Development Applications).
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Who are Neon (Software Development Applications)’s competitors?
Nile (Software Development Applications), PlanetScale, Supabase, Xata, and Cockroach Labs are competitors of Neon (Software Development Applications).
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When was Neon (Software Development Applications) acquired?
Neon (Software Development Applications) was acquired on 03-Jun-2025.
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Who acquired Neon (Software Development Applications)?
Neon (Software Development Applications) was acquired by Databricks.
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