Aerospike, a real-time database company, has closed a $109 million growth capital investment from Sumeru Equity Partners and Alsop Louie Partners. The investment will be used to expand Aerospike’s product suite and go-to-market capabilities. Aerospike offers transaction, analytics and AI solutions, including vector and graph databases.
Aerospike’s databases are used by major enterprises such as Adobe, PayPal and Barclays to power their transactional and machine learning applications. The company’s databases aim to offer high performance, low latency and scalability, enabling organizations to feed AI and machine learning systems with real-time data at a lower cost compared to other database providers.
