SAN FRANCISCO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Neon, the serverless Postgres database built for developers, today announces a $25.6 Million strategic investment led by M12, Microsoft’s Venture Fund.

In a sign that big tech companies are ready and willing to shell out cash for database tech, Neon, a startup building an open source alternative to AWS Aurora Postgres, on Wednesday announced that ...

Neon, an open-source database startup, received a $25 million strategic investment from Microsoft's Venture Fund, M12. Neon plans to use this funding for research and development of its products. Neon ...

‘The era of AI-native, agent-driven applications is reshaping what a database must do. Neon proves it: Four out of every five databases on their platform are spun up by code, not humans,’ says ...

Neon Inc., a startup with a serverless distribution of the open-source Postgres database, today announced that it has raised $25 million in funding. Microsoft Corp.’s M12 venture capital arm led the ...

(Reuters) - Databricks said on Wednesday it would buy database startup Neon in a deal valued at about $1 billion, aiming to strengthen its analytics platform with technology that can help businesses ...

Databricks acquires Neon to integrate its serverless Postgress database, enabling AI agents to deploy scalable, fast-provisioning data workloads. Databricks, a leading platform for data and AI ...

Data analytics startup Databricks said Wednesday that it is buying Neon, a cloud-based database software vendor, for about $1 billion. It is the latest big deal for Databricks, which bought artificial ...

[SAN FRANCISCO] Databricks said on Wednesday (May 14) it would buy database startup Neon in a deal valued at about US$1 billion, aiming to strengthen its analytics platform with technology that can ...