Latest news with #Postgres
Yahoo
15-07-2025
- Business
- Yahoo
ParadeDB takes on Elasticsearch as interest in Postgres explodes amid AI boom
Open source database management system Postgres is nearly 40 years old, but has recently started seeing explosive demand due to being very well-suited for AI applications. Despite this rise in popularity, search and analytics functionality remain limited. ParadeDB is changing that. ParadeDB is an open source Postgres extension that facilitates full-text search and analytics directly in Postgres without users needing to transfer data to a separate source. The platform integrates with other data infrastructure tools, including Google Cloud SQL, Azure Postgres, and Amazon RDS, among others. Philippe Noël, the co-founder and CEO of ParadeDB, told TechCrunch that he and his co-founder, Ming Ying, CTO, got the idea for the company by running into their own Postgres search woes while running their first startup, cloud-hybrid browser Whist. 'Postgres is becoming the default database of the world, and you still can't do good search over that information, believe it or not,' Noël said. 'There's just a lot of pain points. So we decided to go and start a company to do that after talking to more people and realizing this was a very shared problem.' ParadeDB isn't the first company to try to solve Postgres search. Open source Elasticsearch is the most notable legacy player in the space since it was founded in 2012. Noël said that Elasticsearch works by moving data back and forth between itself and Postgres, which can work, but this system isn't great for heavy workloads or processes that require frequent updating. 'That breaks all the time,' Noël said. 'The two databases are not meant to work together. There's a lot of compatibility issues, there's a lot of latency issues, higher costs, and all of that deteriorates the user experience.' ParadeDB claims to eliminate a lot of those challenges by building as an extension on top of Postgres directly, no data transfer required. The startup was founded in 2023 and released the first open source version of the product later that year. Noël said that the group wanted to focus first on building out the open source product before it thought about sales or marketing. That was short-lived. In early 2024, Chinese e-commerce giant Alibaba reached out and became ParadeDB's first customer in May 2024. From there, the company turned toward building out its enterprise version of the software. Now it works with enterprises, including Modern Treasury, Bilt Rewards, and TCDI, among others. ParadeDB just raised a $12 million Series A round led by Craft Ventures with participation from existing investors, including Y Combinator. The company will use the funds for hiring. ParadeDB is currently a team of four and is looking to grow to at least 10 employees. Some of the funds will also go to continue to improve the platform's user interface and analytics capabilities. Noël said the company wasn't looking to raise capital, but when Craft reached out to ParadeDB after being recommended to them by Supabase, the Postgres developer platform that has raised nearly $400 million of venture capital, they thought the timing made sense. 'It's clear people are recognizing that Postgres matters a lot, and they want to get behind it,' he added. Postgres' popularity is clearly on the rise if recent M&A is any indicator. The recent acquisitions of Crunchy Data by Snowflake and Neon by Databricks were both ploys for the acquirers to gain more Postgres offerings, Devin Pratt, a research director at IDC, told TechCrunch last month. 'It is widely used across the industry, and I would say that was one of the main targets for their acquisitions,' Pratt told TechCrunch at the time. 'The different strengths of Neon versus Crunchy [Data] were definitely debated between both companies and what would suit their companies best, but Postgres was their first goal in those acquisitions.' ParadeDB hopes it can ride this wave of interest. 'We think building on Postgres is actually a meaningful shift, right?' Noël said. 'Because that's where the data is, and you can make a meaningful dent in Elasticsearch's market share by meeting users where their data is, rather than building something that's marginally faster or marginally cheaper.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TechCrunch
15-07-2025
- Business
- TechCrunch
ParadeDB takes on Elasticsearch as interest in Postgres explodes amid AI boom
Open source database management system Postgres is nearly 40 years old, but has recently started seeing explosive demand due to being very well-suited for AI applications. Despite this rise in popularity, search and analytics functionality remain limited. ParadeDB is changing that. ParadeDB is an open source Postgres extension that facilitates full-text search and analytics directly in Postgres without users needing to transfer data to a separate source. The platform integrates with other data infrastructure tools, including Google Cloud SQL, Azure Postgres, and Amazon RDS, among others. Philippe Noël, the co-founder and CEO of ParadeDB, told TechCrunch that he and his co-founder, Ming Ying, CTO, got the idea for the company by running into their own Postgres search woes while running their first startup, cloud-hybrid browser Whist. 'Postgres is becoming the default database of the world, and you still can't do good search over that information, believe it or not,' Noël said. 'There's just a lot of pain points. So we decided to go and start a company to do that after talking to more people and realizing this was a very shared problem.' ParadeDB isn't the first company to try to solve Postgres search. Open source Elasticsearch is the most notable legacy player in the space since it was founded in 2012. Noël said that Elasticsearch works by moving data back and forth between itself and Postgres, which can work, but this system isn't great for heavy workloads or processes that require frequent updating. 'That breaks all the time,' Noël said. 'The two databases are not meant to work together. There's a lot of compatibility issues, there's a lot of latency issues, higher costs, and all of that deteriorates the user experience.' ParadeDB claims to eliminate a lot of those challenges by building as an extension on top of Postgres directly, no data transfer required. Techcrunch event LIVE NOW! TechCrunch All Stage Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $450 on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW The startup was founded in 2023 and released the first open source version of the product later that year. Noël said that the group wanted to focus first on building out the open source product before it thought about sales or marketing. That was short-lived. In early 2024, Chinese e-commerce giant Alibaba reached out and became ParadeDB's first customer in May 2024. From there, the company turned toward building out its enterprise version of the software. Now it works with enterprises, including Modern Treasury, Bilt Rewards, and TCDI, among others. ParadeDB just raised a $12 million Series A round led by Craft Ventures with participation from existing investors, including Y Combinator. The company will use the funds for hiring. ParadeDB is currently a team of four and is looking to grow to at least 10 employees. Some of the funds will also go to continue to improve the platform's user interface and analytics capabilities. Noël said the company wasn't looking to raise capital, but when Craft reached out to ParadeDB after being recommended to them by Supabase, the Postgres developer platform that has raised nearly $400 million of venture capital, they thought the timing made sense. 'It's clear people are recognizing that Postgres matters a lot, and they want to get behind it,' he added. Postgres' popularity is clearly on the rise if recent M&A is any indicator. The recent acquisitions of Crunchy Data by Snowflake and Neon by Databricks were both ploys for the acquirers to gain more Postgres offerings, Devin Pratt, a research director at IDC, told TechCrunch last month. 'It is widely used across the industry, and I would say that was one of the main targets for their acquisitions,' Pratt told TechCrunch at the time. 'The different strengths of Neon versus Crunchy [Data] were definitely debated between both companies and what would suit their companies best, but Postgres was their first goal in those acquisitions.' ParadeDB hopes it can ride this wave of interest. 'We think building on Postgres is actually a meaningful shift, right?' Noël said. 'Because that's where the data is, and you can make a meaningful dent in Elasticsearch's market share by meeting users where their data is, rather than building something that's marginally faster or marginally cheaper.'
Business Wire
10-07-2025
- Automotive
- Business Wire
EDB Returns to Goodwood with Sovereign AI and Data Platform for Intelligent Mobility
LONDON--(BUSINESS WIRE)-- EnterpriseDB ('EDB'), the leading sovereign AI and data company, returns to the Goodwood Festival of Speed to spotlight how successful automotive leaders are shaping the next generation of mobility with real-time, agentic, and generative AI data systems. New global research from EDB (May 2025), based on responses from 190 automotive executives across 300 countries, revealed that just 13% of organizations are thriving with their agentic and generative AI investments. These top performers, from North America to EMEA and Asia Pacific, are achieving 5x higher ROI by building their AI and data infrastructure around the mission-critical idea of sovereignty—ensuring that they can govern their data and activate intelligence wherever, however, and whenever it's needed. 'From track telemetry to in-vehicle intelligence, real-time data processing, supply chain integrations, and new direct-to-customer service and support strategies, agentic and GenAI integration have become critical imperatives in the future of mobility,' said Kevin Dallas, CEO of EDB. 'Sovereignty isn't just technical—it's strategic, as the research with these executives showed us.' Few industries are evolving faster—or facing greater complexity—than automotive. From software-defined vehicles to predictive maintenance and autonomous systems, the sector is undergoing a data-driven transformation. In the U.K. alone, the automotive AI market is expected to grow from $288 million in 2024 to $922 million by 2030, reflecting a 21.7% CAGR as manufacturers shift to intelligent, connected systems. 1 'As automakers navigate tightening regulations, distributed supply chains, and the need for cross-border data compliance, the ability to govern where and how data is processed has become essential. EDB Postgres® AI gives enterprises the control they need to build this future securely, in real time, and at scale,' said Devin Pratt, Research Director, IDC. Investing in future talent The growing need for talent skilled in Postgres and generative and agentic AI means automotive leaders must deliver one platform that spans business units and geographies, enabling no-code/low-code AI factory production as well as secure, compliant, and highly scalable data estate management. That same need for skills and fresh thinking is why EDB supports emerging talent through hands-on initiatives. As part of Goodwood's Future Lab and STEM Lab programming, EDB is inviting students to submit big ideas that use data and AI to solve real-world problems. The winning proposal will be featured in a national U.K. newspaper and awarded a £2,000 prize. 'Significant shifts like this demand new ways to innovate, and who better to ask to help innovate than the next generation of software and systems leaders. Postgres has won because of its ability to handle structured and unstructured data in new and creative ways,' said Tatum Pollard, VP of Communications and Amplification, EDB. With the U.K. STEM workforce projected to grow 10% by 2030, while 49% of tech and engineering firms are struggling to fill roles, EDB's initiative supports a critical need: building a stronger, more diverse talent pipeline for the AI and data economy. 2 Recognized market momentum EDB's return to Goodwood follows a breakout year of recognition for innovation, impact, and culture: To learn more about how EDB Postgres AI is helping enterprises—and industries—move faster with confidence, visit About EDB EDB Postgres® AI (EDB PG AI) is the first open, enterprise-grade sovereign data and AI platform—secure, compliant, and scalable, on-premises and across clouds. Built on Postgres, the world's leading database, EDB PG AI unifies transactional, analytical, and AI workloads, enabling organizations to operationalize their data and LLMs while maintaining control over sovereign environments. EDB PG AI is supported by a global partner network and delivers up to 99.999% availability as well as hybrid management and a built-in AI factory. As one of the most active contributors to the PostgreSQL project, EDB is deeply invested in the vitality of the global community. To learn more, visit EnterpriseDB and EDB are registered trademarks of EnterpriseDB Corporation. Postgres and PostgreSQL are registered trademarks of the PostgreSQL Community Association of Canada and used with their permission. All other trademarks are owned by their respective owners.
Yahoo
08-07-2025
- Business
- Yahoo
In a blow to Google Cloud, Replit partners with Microsoft
Replit on Tuesday announced a strategic partnership deal with Microsoft that should be good for business for both of them. Replit will become available through Microsoft's enterprise cloud app store, Azure Marketplace, meaning Microsoft shops will be able to purchase Replit subscriptions there. Replit is also integrating its tech with a number of Microsoft cloud services like containers, virtual machines, and Microsoft's version of Postgres — the database that Replit supports — called Neon Serverless Postgres. That means that Azure should generate its share of revenue from Replit apps that are used in production. Microsoft famously offers its own hugely popular vibe coder with Github Copilot, but Replit doesn't really compete with it too much as they are geared toward different users and somewhat different use cases. Copilot competes with Anysphere's Cursor as an AI-powered, in-browser coding assistant used by programmers. Replit is popular with programmers, but it can also be used by people with little coding experience. Its users create web apps through natural language prompts, and Replit does the rest: setting up the database, the authentication, the storage, etc. Those with programming experience can then customize features directly, as Replit supports a number of programming languages. In this case, the two companies are marketing this offering as a prototyping/designing tool, like a competitor to Figma. The companies are also aiming it at non-programmer business managers for build-it-yourself apps. For example, a sales manager could use it to build a tool that tracks correlations between contract renewals and customer support tickets. 'We are enabling all employees across all functions to develop apps, regardless of coding experience, so we are complimentary to Copilot from that perspective,' a Replit spokesperson told TechCrunch. Replit is also one of the breakout stars of the vibe coding world. In June, CEO Amjad Masad tweeted that in six months, the company went from $10 million in annual recurring revenue to $100 million. It last raised $97.4 million — led by Andreessen Horowitz with participation from Khosla, Coatue, SV Angel, Y Combinator, Bloomberg Beta, Naval Ravikant, and ARK Ventures — at a $1.1 post-money valuation. Masad said in June that it hasn't needed to raise since: 'We still have over half our funding in the bank.' The startup claims that over 500,000 business users are on its platform Replit competes with a few other fast-growing startups, including European darling Lovable, which hit $50 million ARR around the same time period, its CEO said, and is reportedly in the process of raising a new round at around a $2B valuation; and Bolt, which grew to about $40 million ARR in about five months as well. If there is any competitor taking an L from this partnership, it's Google Cloud: The apps built and run through Replit are typically hosted on Google Cloud. In fact, Replit has been such a feather in Google's cap, that the cloud giant has profiled the partnership. However, this deal is non-exclusive, Replit confirmed to TechCrunch, meaning that the startup is not leaving Google Cloud, but is growing to support Microsoft shops. That also means that other popular vibe coders could strike similar Microsoft deals.
TechCrunch
08-07-2025
- Business
- TechCrunch
In a blow to Google Cloud, Replit partners with Microsoft
Replit on Tuesday announced a strategic partnership deal with Microsoft that should be good for business for both of them. Replit will become available through Microsoft's enterprise cloud app store, Azure Marketplace, meaning Microsoft shops will be able to purchase Replit subscriptions there. Replit is also integrating its tech with a number of Microsoft cloud services like containers, virtual machines, and Microsoft's version of Postgres — the database that Replit supports — called Neon Serverless Postgres. That means that Azure should generate its share of revenue from Replit apps that are used in production. Microsoft famously offers its own hugely popular vibe coder with Github Copilot, but Replit doesn't really compete with it too much as they are geared toward different users and somewhat different use cases. Copilot competes with Anysphere's Cursor as an AI-powered, in-browser coding assistant used by programmers. Replit is popular with programmers, but it can also be used by people with little coding experience. Its users create web apps through natural language prompts, and Replit does the rest: setting up the database, the authentication, the storage, etc. Those with programming experience can then customize features directly, as Replit supports a number of programming languages. In this case, the two companies are marketing this offering as a prototyping/designing tool, like a competitor to Figma. The companies are also aiming it at non-programmer business managers for build-it-yourself apps. For example, a sales manager could use it to build a tool that tracks correlations between contract renewals and customer support tickets. 'We are enabling all employees across all functions to develop apps, regardless of coding experience, so we are complimentary to Copilot from that perspective,' a Replit spokesperson told TechCrunch. Replit is also one of the breakout stars of the vibe coding world. In June, CEO Amjad Masad tweeted that in six months, the company went from $10 million in annual recurring revenue to $100 million. Techcrunch event Save up to $475 on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $450 on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW It last raised $97.4 million — led by Andreessen Horowitz with participation from Khosla, Coatue, SV Angel, Y Combinator, Bloomberg Beta, Naval Ravikant, and ARK Ventures — at a $1.1 post-money valuation. Masad said in June that it hasn't needed to raise since: 'We still have over half our funding in the bank.' The startup claims that over 500,000 business users are on its platform Replit competes with a few other fast-growing startups, including European darling Lovable, which hit $50 million ARR around the same time period, its CEO said, and is reportedly in the process of raising a new round at around a $2B valuation; and Bolt, which grew to about $40 million ARR in about five months as well. If there is any competitor taking an L from this partnership, it's Google Cloud: The apps built and run through Replit are typically hosted on Google Cloud. In fact, Replit has been such a feather in Google's cap, that the cloud giant has profiled the partnership. However, this deal is non-exclusive, Replit confirmed to TechCrunch, meaning that the startup is not leaving Google Cloud, but is growing to support Microsoft shops. That also means that other popular vibe coders could strike similar Microsoft deals.
