Press Releases

SingleStore, the cloud-native database built for speed and scale to power real-time applications, today announced an exclusive partnership and reseller agreement with solutions by stc to bring SingleStore’s digital solutions across the Middle East.

SingleStore Adds Seasoned Industry Leader Madhukar Kumar as Chief Marketing Officer and Names Sanjay Aurora as Senior Vice President of Sales.

SingleStore, the cloud-native database built for speed and scale to power real-time applications, today announced the general availability of its 8.0 release, which features even faster analytics, improved developer experience and greater ease of use.

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has appointed Sue Bostrom to its board of directors.

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has closed its F-2 round of financing at $146 million, led by Goldman Sachs.

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today unveiled Captain Metrics, DataDock Solutions, Dell Technologies, Digital Asset Research, Foodics, impact.com and Thentia as customers. Customer acquisition spanning multiple use cases and industries is just one factor in SingleStore’s impressive momentum, as the company officially reached unicorn status by closing a $116 million funding round led by Goldman Sachs Asset Management, as well as reported stellar results against major competitors in a total cost of ownership (TCO) study. Additionally, SingleStore announced its product integration with SAS Viya earlier this month, was recognized by Dresner Advisory Services and TrustRadius and was included on the Inc. 5000 list, reporting 142% average growth.

Analytics leader SAS has joined forces with SingleStore to help organizations remove barriers to data access, maximize performance and scalability, and uncover key data-driven insights. SAS® Viya® with SingleStore enables the use of SAS analytics and AI technology on data stored in SingleStore’s cloud-native real-time database. The integration provides flexible, open access to curated data to help accelerate value for cloud, hybrid and on-premises deployments.

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has selected AppDirect to power SingleStore Connect, a subscription commerce platform that removes the complexity of building a recurring business model. SingleStore Connect is an interactive marketplace for partners and customers to collaborate, discover new use cases and locate complementary technologies to maximize their SingleStore solution investments.

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced it has raised $116 million in financing led by the growth equity business within Goldman Sachs Asset Management (Goldman Sachs) with new participation from Sanabil Investments. Current investors Dell Technologies Capital, GV, Hewlett Packard Enterprise (HPE), IBM Ventures and Insight Partners, among others, also participated in the round.

SingleStore, the cloud-native database built for speed, scale and powering real-time data-intensive applications, announced it has been accepted as a Gold Status Partner in Intel’s Disruptor Initiative. The program helps companies push the limits of innovation through technical enablement and multi-channel go-to-market activities. As a result, SingleStore customers will benefit by realizing enhanced database performance and hardware-enhanced security to address real-time data challenges while lowering total cost of ownership (TCO).

SingleStore, the cloud-native database built with speed and scale to power data-intensive applications, today announced the results from a performance and total cost of ownership (TCO) study conducted by analyst and media firm GigaOm. The study revealed that SingleStoreDB delivers a 50% lower TCO against the combination of MySQL and Snowflake and a 60% lower TCO compared to the combination of PostgreSQL and Redshift, leading OLTP and OLAP database combinations that customers stitch together in an attempt to power SaaS, APIs and data-intensive applications.

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, today announced that TrustRadius has recognized it with 2022 Top Rated Awards. SingleStore won Top Rated in four categories – Relational Databases, Database-as-a-Service (DBaaS), In-Memory Databases and Operational Analytics. These awards recognize companies with outstanding feature sets that have gone above and beyond to delight their users.