ScyllaDB Funding, Investors & Competitors

ScyllaDB has raised $103M across 6 funding rounds, most recently a $43M Series C in October 2023.

Last ScyllaDB funding round

$43M

Series C · Oct 2023

Cumulative funding ScyllaDB raised

$103M

across 6 funding rounds

Key investors in ScyllaDB

  • Qualcomm Ventures
  • Magma Venture Partners
  • Bessemer Venture Partners
  • TLV Partners
  • Eight Roads Ventures
  • Western Digital Capital
  • Innovation Endeavors
  • Wing Venture Capital

ScyllaDB Overview

About ScyllaDB

ScyllaDB is a Tel Aviv-headquartered NoSQL database compatible with Apache Cassandra and Amazon DynamoDB. It handles terabyte-scale workloads for data-intensive applications on-premises, cloud, or hybrid setups. Available as open source, enterprise software, and DBaaS on AWS and Google Cloud, ScyllaDB powers systems for Discord, Samsung, and IBM. Originally founded as Cloudius Systems, it developed the OSv unikernel.


Founded

2012

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

ScyllaDB Funding History

ScyllaDB has raised a total of $103M across 6 funding rounds.

ScyllaDB's first fundraising round was a $7M Series A in September 2013. The most recent completed round was a $43M Series C in October 2023.

ScyllaDB funding rounds

ScyllaDB funding rounds
DateStageInvestorsRaisedDeal Summary
Oct 2023Series CEight Roads Ventures (lead); Qualcomm Ventures; Magma Venture Partners; AllianceBernstein; TLV Partners$43MScyllaDB is a NoSQL database platform engineered for high-throughput, low-latency workloads, used by over 400 companies including Discord, Epic Games, and Palo Alto Networks. The company's open-source database is based on Apache Cassandra and can perform millions of operations per second with single-digit millisecond latency, enabling applications in ad serving, AI/machine learning, recommendation engines, and IoT data analysis. In October 2023, ScyllaDB raised $43 million in a funding round led by Eight Roads Ventures with co-lead AB Private Credit Investors and participation from TLV Partners, Magma Ventures, and Qualcomm Ventures, bringing total venture capital raised to $103 million. The funding was allocated toward accelerating growth and expanding the company's 168-person team. At the time of the round, ScyllaDB reported 800% overall revenue growth since founding and 100% year-over-year growth in its Database-as-a-Service (DBaaS) offering, achievements that secured the company a spot on Deloitte's Technology Fast 500 list and the Google Cloud Customer of the Year award. The NoSQL database market was valued at $13 billion globally and growing at 21% year-over-year, positioning ScyllaDB in a large and rapidly expanding segment competing against established players like MongoDB.
Sep 2019Series CEight Roads Ventures (lead); Qualcomm Ventures; Magma Venture Partners; Bessemer Venture Partners; TLV Partners$25MScyllaDB secured a $25 million funding round on September 12, 2019, led by Eight Roads Ventures, with participation from Bessemer Venture Partners, Magma Venture Partners, Qualcomm Ventures, and TLV Partners. This brought the company's total funding to $60 million at that time. The funds were allocated to develop a DynamoDB-compatible API, expand the engineering department, and double the global sales and marketing team. Davor Hebel from Eight Roads Ventures joined the board, highlighting ScyllaDB's potential to transform the database market with superior scale, price, and performance. Adam Fisher from Bessemer praised its cost efficiency and adoption by enterprises like Comcast and Grab. ScyllaDB is a NoSQL database platform designed for high-throughput, low-latency workloads, offering better performance and scalability than incumbents like MongoDB for data-intensive applications. The 2019 round built on prior financings, including a $10 million Series C in April 2018 led by TLV Partners with the same co-investors plus Western Digital. Later developments include a $43 million round in October 2023, again led by Eight Roads Ventures with similar investors, bringing total funding to $101-103 million. By 2023, ScyllaDB reported 100% year-over-year growth in its DBaaS offering and 800% overall revenue growth, earning a Deloitte Technology Fast 500 spot, though these figures post-date the 2019 round by four years. The company serves over 400 customers including Discord, Epic Games, and Palo Alto Networks, positioning itself in the $13 billion NoSQL market growing at 21% annually.
Apr 2018Series CTLV Partners (lead); Qualcomm Ventures; Western Digital Capital; Magma Venture Partners; Bessemer Venture Partners$10MScyllaDB, a high-performance NoSQL database company compatible with Apache Cassandra, closed a $10 million Series C funding round on April 25, 2018, led by TLV Partners with participation from Bessemer Venture Partners, Qualcomm Ventures, Magma Venture Partners, and Western Digital Capital. This round brought the company's total funding to $35 million. Shahar Tzafrir of TLV Partners joined the board of directors.
Mar 2017Series BMagma Venture Partners (lead); Qualcomm Ventures (lead); Samsung Ventures (lead); Western Digital Capital (lead); Bessemer Venture Partners$16MScyllaDB is a fast, scalable NoSQL database built on the Apache Cassandra project, designed for high-throughput, low-latency workloads. The company provides both open-source and enterprise versions of its database, marketed as API-compatible with Apache Cassandra and Amazon DynamoDB. In March 2017, ScyllaDB closed a Series B funding round of $16 million led by Western Digital Capital, Samsung Ventures, Magma Ventures, and Qualcomm Ventures, with participation from Bessemer Venture Partners. The company used the proceeds to expand its open-source and enterprise products and invest in sales and marketing. By 2017, ScyllaDB had built a growing user community that included both early-stage startups and large enterprises across multiple industries, and the company released its enterprise version that year with features including security, encryption at rest, and audit capabilities.
Nov 2015SeedQualcomm Ventures; Magma Venture Partners$2M-
Sep 2013Series ABessemer Venture Partners (lead); Innovation Endeavors; Wing Venture Capital$7M-

Who has invested in ScyllaDB?

10 investors have backed ScyllaDB across its funding rounds, including Qualcomm Ventures, Magma Venture Partners, Bessemer Venture Partners, TLV Partners, Eight Roads Ventures and Western Digital Capital.

Lead investors include Eight Roads Ventures, TLV Partners, Magma Venture Partners, Qualcomm Ventures, Samsung Ventures and 2 other investors.


ScyllaDB Investors

Investors in ScyllaDB by funding rounds participated
InvestorHQRoundsRoleFirst check
Qualcomm VenturesUnited StatesSan Diego, CA5LeadNov 2015
Magma Venture PartnersIsraelTel Aviv5LeadNov 2015
Bessemer Venture PartnersUnited StatesSan Francisco, CA4LeadSep 2013
TLV PartnersIsraelTel Aviv3LeadApr 2018
Western Digital CapitalUnited StatesLos Angeles, CA2LeadMar 2017
Eight Roads VenturesUnited KingdomLondon2LeadSep 2019
Innovation EndeavorsUnited StatesSan Francisco, CA1ParticipantSep 2013
Samsung VenturesSouth KoreaSouth Korea1LeadMar 2017

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Acquisitions by ScyllaDB

ScyllaDB has acquired 1 company to date.

Last acquisition by ScyllaDB was on October 17th 2017. ScyllaDB acquired Seastar for undisclosed valuation.


Latest Acquisitions by ScyllaDB

Seastar
Description
Seastar is a managed Apache Cassandra hosting service powered by Network Redux, utilizing dedicated hardware, container technology, and solid-state storage for high-performance data platforms. Launched to offer superior price-performance over public clouds, it enables cluster deployment in minutes via dashboard and API. The service supports enterprises worldwide from data centers optimized for low-latency operations.
HQ CountryUnited States
HQ City
Portland, OR
Deal Date17 Oct 2017
Valuationundisclosed
EV/Revenue
EV/EBITDA

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ScyllaDB Competitors

ScyllaDB competitors include listed companies like Oracle, Snowflake, Datadog and MongoDB, and private ones like Databricks and VAST Data.

Public and private companies comparable to ScyllaDB
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
OracleUnited StatesUnited StatesPublicly listed$67B$33B$455B7.8x
DatabricksUnited StatesSan Francisco, CAPrivate$7B-$190B27.1x
SnowflakeUnited StatesUnited StatesPublicly listed$4.7B($1.3B)$119B21.0x
DatadogUnited StatesUnited StatesPublicly listed$3.4B($588K)$85B19.4x
MongoDBUnited StatesUnited StatesPublicly listed$2.5B($104M)$32B10.4x
VAST DataUnited StatesNew York City, NYPrivate$200M-$30B150.0x

ScyllaDB Public Comps

ScyllaDB is still privately-owned, but its public comps include Oracle, Palantir, Snowflake, Datadog, MongoDB, Nutanix, Dynatrace, Oracle Corp Japan, CommVault Systems and Xunce Technology.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Oracle$67B$33B8.6x7.8x17.7x13.9x
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
MongoDB$2.5B($104M)11.9x10.4x(282.5x)49.6x
Nutanix$2.5B$230M7.1x6.2x78.4x23.8x
Dynatrace$2B$276M7.5x7.0x55.0x23.0x
Oracle Corp Japan$1.8B$589M3.9x3.9x12.1x12.2x

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Common questions about ScyllaDB

When was ScyllaDB founded?ScyllaDB was founded in 2012.
Where is ScyllaDB headquartered?ScyllaDB is headquartered in San Francisco, CA, United States.
Is ScyllaDB publicly listed?No, ScyllaDB is a private, VC-backed company.
How much funding has ScyllaDB raised?ScyllaDB has raised $103M across 6 funding rounds.
What was ScyllaDB's last funding round?ScyllaDB's last funding round was a $43M Series C in October 2023, led by Eight Roads Ventures.
Who are ScyllaDB's investors?ScyllaDB's investors include Qualcomm Ventures, Magma Venture Partners, Bessemer Venture Partners, TLV Partners, Western Digital Capital, Eight Roads Ventures, Innovation Endeavors, Samsung Ventures, AllianceBernstein and Wing Venture Capital.
Which companies are comparable to ScyllaDB?Companies comparable to ScyllaDB include Oracle, Databricks, Snowflake, Datadog, MongoDB and VAST Data.
How many companies has ScyllaDB acquired?ScyllaDB has acquired 1 company, including Seastar.

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