TLDR:
- Tembo, a Cincinnati-based provider of a Postgres managed service, raised $14M in Series A funding.
- The funding round was led by GreatPoint Ventures with participation from other investors such as Venrock, Grand Ventures, and Wireframe Ventures.
The article discusses Tembo’s recent success in securing $14M in Series A funding. The Cincinnati-based company offers a Postgres managed service that allows organizations to handle open-source databases for various workloads, including transactional, analytical, and AI. The funding round was led by GreatPoint Ventures, with participation from other investors such as Venrock, Grand Ventures, Wireframe Ventures, Defined Capital, Cintrifuse Capital, and angels. The company plans to use the funds to expand its operations and development efforts.
Tembo, led by Founder and CEO Ry Walker, provides a managed service that enables organizations to leverage the open-source database Postgres across any cloud environment. The service offers enhanced observability, compliance, and developer experience, while maintaining the reliability and extensibility of Postgres. In the past six months, Tembo has experienced rapid growth, attracting key executives from Fortune 500 companies and industry innovators to join its team.
Key executives who have recently joined Tembo include CTO Samay Sharma, who leads Product Strategy, David Wheeler, creator of pgxn, Jason Peterson, a Senior Engineer on the Stacks team, and Shaun Thomas, a Senior Engineer on the Cloud team. These new hires highlight Tembo’s commitment to driving innovation in the data industry and further enhancing its services for customers.
