Neo4j, the leader in graph technology, on Thursday announced Series F funding round as part of a $325 million investment led by Eurazeo with participation from GV (formerly Google Ventures).
Today’s transaction represents the largest investment in a private database company and raises Neo4j’s valuation to over $2 billion.
Emil Eifrem, Neo4j’s CEO and Co-Founder, characterized the news as an inflection point in the broader database market and welcomed investment partners Eurazeo, GV, DTCP, and Lightrock.
Neo4j's latest funding fuels the company’s product innovation to provide graph technology that far exceeds the most demanding customer requirements across data science, machine learning, cloud deployment, and real-time performance.
As the graph category creator, Neo4j has built a global community of hundreds and thousands of highly skilled application developers and data scientists around its technology ecosystem. These practitioners are building wide-ranging applications, unable to be served by relational or other NoSQL databases, which require digitizing connections in data at scale. Examples include determining the price of an airline ticket in real time, exposing complex criminal networks responsible for cyber attacks, and money laundering activity.
Emil Eifrem, Neo4j’s CEO and Co-Founder
This is a magical time in databases, presenting an opportunity for a handful of generational companies to emerge as leaders in the broader landscape. Neo4j is one of these companies, and today’s record-breaking transaction in the database space demonstrates that our new and existing investors share this belief.
