Today marks an important milestone for SingleStore. I’m thrilled to share that we’ve officially closed our growth buyout with Vector Capital, a firm with a long and successful history of partnering with innovative technology companies.
This transaction gives us the resources and strategic partnership to accelerate our mission: to power the world’s most demanding AI applications with a database built for real-time speed, scale and simplicity.
Why This Matters
Over the past decade, we’ve built a database uniquely engineered for the AI era. Before AI became the defining force it is today, we believed that the companies that would thrive in this new world would be the ones capable of acting on data instantly, without friction, delay or compromise.
That belief has guided every decision we’ve made, from the architecture of our platform to the culture we’ve built. And it’s paying off. Our momentum has never been stronger, with 34% Total Net New ARR growth, 200% growth in new logo ARR, and 80% growth in managed/cloud services ARR this past quarter alone.
Now, with Vector’s support and partnership, we’re positioned to go even faster.
From my first conversations with Amish Mehta, Vector’s Chief Investment Officer, and his team, it was clear that we shared the same conviction: the next generation of AI innovation will be built on data platforms capable of delivering ultra-low latency across both transactional and analytical workloads.
I’m grateful to Vector for believing in our vision. Together, we’re committed to writing the next chapter of SingleStore’s growth story. And I want to thank our employees, investors, customers and partners who have helped make this moment possible. The closing of this transaction is not an endpoint — it’s a launchpad.
The best is yet to come.
Learn more at www.singlestore.com.
