TechCrunch Startup News Database startup MotherDuck lands $52.5M to grow its DuckDB-based platform
Sep 20, 2023
Jordan Tagani, CEO of MotherDuck, discusses the startup's recent $52.5 million funding round, aimed at enhancing its DuckDB-based platform. He shares insights into how MotherDuck is reshaping cloud analytics by shifting from traditional distributed models to more efficient scale-up solutions. Tagani highlights the startup's competitive advantages in performance and cost-effectiveness, all while adapting to the growing demand for open-source database technologies. Tune in for valuable takes on innovation in the database landscape!
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MotherDuck's Funding and Growth
- MotherDuck, based on DuckDB, secures $52.5M in Series B funding, reaching a $100M total.
- Funding will expand engineering and go-to-market teams, aiming for 45 employees by year-end.
Origin of MotherDuck
- Jordan Tagani, ex-SingleStore and BigQuery engineer, founded MotherDuck.
- He observed most database workloads are smaller (1GB-10GB), inspiring DuckDB's cloud adaptation.
Open-Source Database Trend
- Open-source database adoption grows, with 90% of IT organizations using two or more.
- MotherDuck joins other companies managing open-source solutions like Postgres, MongoDB, and MySQL.