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- Aerospike
Aerospike Valuation, Funding & Investors
Aerospike is valued at $157M as of November 2019.
Last Aerospike valuation
$157M
Series D · Nov 2019
Last Aerospike funding round
$109M
Series E · Apr 2024
Cumulative funding Aerospike raised
$161M
across 3 funding rounds
Key investors in Aerospike
Alsop Louie Partners
New Enterprise Associates
CPP Investments
Eastward Capital Partners
NewView Capital
Triangle Peak Partners
About Aerospike
Aerospike is a Mountain View-headquartered NoSQL database optimized for real-time applications with sub-millisecond latency. Its hybrid memory architecture supports petabyte-scale deployments for ad tech, fraud detection, and personalization. Adopted by Capital One and Nielsen for high-throughput workloads, the open-source core runs on-premises and cloud across AWS and Azure regions.
Founded
2009
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription, Licensing
Valuation
$157M (Nov 2019)
Aerospike Valuation
Aerospike is currently valued at $157M, based on its Series D in November 2019.
The $32M round was led by Triangle Peak Partners, with participation from NewView Capital, Alsop Louie Partners, CPP Investments and Eastward Capital Partners.
Aerospike's valuation has grown 2.4x from $65M at its Series C in June 2014 to $157M in November 2019, across 2 priced rounds.
Aerospike valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2019 | Series D | $157M |
| Jun 2014 | Series C | $65M |
Aerospike Funding History
Aerospike has raised a total of $161M across 3 funding rounds.
Aerospike's first fundraising round was a $20M Series C in June 2014. The most recent completed round was a $109M Series E in April 2024.
Aerospike funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2024 | Series E | Sumeru Equity Partners (lead); Alsop Louie Partners | $109M | - | Aerospike, a Mountain View, California-based company founded in 2009, develops a real-time NoSQL database optimized for high-scale performance, low latency, and cost efficiency in transactional, analytical, and AI workloads, including vector and graph databases. The platform supports mission-critical applications such as fraud detection, customer recommendation engines, digital payments, and real-time AI/ML use cases, positioning Aerospike as infrastructure for next-generation AI applications demanding context and scale. On April 4, 2024, Aerospike closed a $109 million growth capital investment led by Sumeru Equity Partners, with additional participation from existing investor Alsop Louie Partners, bringing the total new funding to $114 million. Labeled variably as growth capital, Series E, or growth equity across announcements, the round validates Aerospike's product leadership, customer base, and business momentum amid exploding real-time data demands. Sumeru Co-Founder and Managing Director George Kadifa joined the board, emphasizing Aerospike's role in AI transformation. Proceeds will accelerate innovation in Aerospike's core solutions and expand go-to-market capabilities to capitalize on the global data analytics and AI software market, projected by IDC Research to reach $251 billion by 2027. The company, which raised $32 million in Series D in 2019 and a total of $197 million to date including this round, plans investments in product development, scaling, and operations, including tens of millions in its Israeli R&D and commercial activities started in 2019. Aerospike did not disclose valuation, revenue, ARR, or EBITDA figures. Investors highlighted the company's impressive traction, performance advantages at scale, and unnecessary need to raise amid AI opportunities, signaling strong underlying business performance. |
| Nov 2019 | Series D | Triangle Peak Partners (lead); NewView Capital; Alsop Louie Partners; CPP Investments; Eastward Capital Partners | $32M | $157M | Aerospike develops a hardware-optimized, in-memory NoSQL database platform designed for high-scale, real-time data processing in use cases requiring fast response times, such as those handled by clients including Verizon Media, Wayfair, PayPal, Nielsen, AirTel, and Snap. The company announced a $32 million Series D funding round on November 18, 2019, led by Triangle Peak Partners with participation from existing investors Alsop Louie Partners, CPP Investments, Eastward Capital Partners, and NewView Capital Partners, bringing total funding to $78 million. Triangle Peak Partners co-founding partner Dain DeGroff and NewView Capital operating partner Tim Connor joined the board as part of the deal. Proceeds from the round were allocated to expand geographic presence into the Asia-Pacific region, develop additional data infrastructure integrations, grow sales and marketing teams, and strengthen enterprise partnerships. Aerospike reported over 50% year-over-year growth and a customer retention rate exceeding 95% for more than five years at the time, positioning it as a leader in next-generation NoSQL solutions for industries like advertising, ecommerce, financial services, and telecommunications. The platform enables handling petabytes of data for instant access in real-time decisioning, outperforming legacy databases in scalability and cost-efficiency. Forge Global records a post-money valuation of $215.06 million for this Series D round at a share price of $1.03, though most sources including company announcements did not disclose valuation terms. Aerospike maintained a low profile prior to this raise but planned increased visibility. This followed prior rounds including a $20 million Series C in 2014, with a later $109 million Series E in 2024 led by Sumeru Equity Partners to leverage AI opportunities. |
| Jun 2014 | Series C | New Enterprise Associates (lead); Regis McKenna; Alsop Louie Partners; Columbus Nova Technology Partners | $20M | $65M | Aerospike, a NoSQL database company specializing in high-performance, low-latency solutions for processing millions of transactions per second, primarily focused on the advertising industry prior to its Series C round. The company secured a $20 million Series C funding round on June 24, 2014, led by New Enterprise Associates (NEA), with participation from Alsop Louie Partners, Columbus Nova Technology Partners, and Regis McKenna. This investment aimed to support two key initiatives: open-sourcing their flash-optimized, in-memory database technology under an open core model similar to MongoDB, and expanding into new high-speed markets such as finance, retail, and travel. Aerospike planned to build trust and exposure through open source while retaining premium enterprise features for paying customers. The funding would also fund product enhancements, including connectors for platforms like Hadoop and improved SQL query support. At the time, Aerospike had established a robust platform but faced a competitive NoSQL landscape with established players emphasizing performance and low latency. Later funding history shows Aerospike raising a total of $191 million across multiple rounds, with this Series C confirming the investor lineup and amount raised. |
Who has invested in Aerospike?
9 investors have backed Aerospike across its funding rounds, including Alsop Louie Partners, New Enterprise Associates, CPP Investments, Eastward Capital Partners, NewView Capital and Triangle Peak Partners.
Lead investors include Sumeru Equity Partners, Triangle Peak Partners and New Enterprise Associates.
Aerospike Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Jun 2014 | ||
| 1 | Participant | Jun 2014 | ||
| 1 | Participant | Nov 2019 | ||
| 1 | Lead | Jun 2014 | ||
| 1 | Lead | Nov 2019 | ||
| 1 | Participant | Nov 2019 | ||
| 1 | Participant | Jun 2014 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAerospike Competitors
Aerospike competitors include listed companies like Asteria and Airship AI, and private ones like Yuanshan AI, LanceDB, InCountry and vHive.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $158M | - | ||
| Private | - | - | $155M | - | ||
| Private | - | - | $150M | - | ||
| Private | - | - | $150M | - | ||
| Publicly listed | $22M | $9M | $118M | 4.8x | ||
| Publicly listed | $15M | ($5M) | $67M | 3.6x |
Aerospike Public Comps
Aerospike is still privately-owned, but its public comps include Datavault AI, Asteria, Airship AI, AgEagle Aerial Sys, Exasol, Celebrus, Dataworks Group, SpectrumOne, Zhongfu Information and BTQ Technologies.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $39M | ($49M) | 4.1x | 1.1x | (3.3x) | (7.9x) | |||
| $22M | $9M | 4.7x | 4.8x | 11.8x | - | |||
| $15M | ($5M) | 3.6x | 3.6x | (10.7x) | (9.9x) | |||
| $13M | ($4M) | 3.6x | - | (10.3x) | - | |||
| $48M | $5M | 0.6x | 0.7x | 6.6x | 7.5x | |||
| $24M | ($1M) | 0.5x | 0.5x | (12.9x) | (23.8x) | |||
| $5M | ($6M) | 2.0x | - | (1.7x) | - | |||
| $358K | ($703K) | 16.4x | - | (8.3x) | - | |||
This data is available for Pro users. Sign up to see all Aerospike competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Aerospike
| When was Aerospike founded? | Aerospike was founded in 2009. |
| Where is Aerospike headquartered? | Aerospike is headquartered in San Francisco, CA, United States. |
| Is Aerospike publicly listed? | No, Aerospike is a private, VC-backed company. |
| What is Aerospike's valuation? | Aerospike was last valued at $157M in its Series D in November 2019. |
| How much funding has Aerospike raised? | Aerospike has raised $161M across 3 funding rounds. |
| What was Aerospike's last funding round? | Aerospike's last funding round was a $109M Series E in April 2024, led by Sumeru Equity Partners. |
| Who are Aerospike's investors? | Aerospike's investors include Alsop Louie Partners, Regis McKenna, NewView Capital, New Enterprise Associates, Triangle Peak Partners, CPP Investments, Columbus Nova Technology Partners, Sumeru Equity Partners and Eastward Capital Partners. |
| Which companies are comparable to Aerospike? | Companies comparable to Aerospike include Yuanshan AI, LanceDB, InCountry, vHive, Asteria and Airship AI. |
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