Is Cockroach Labs Publicly Traded?
WouterCockroach Labs is a cloud computing company that specializes in distributed database technology. The company has raised $278 million in series F funding. In the last quarter, it posted a six-fold increase in revenue. The company’s revenue for the year ended in December was $5 million. The company is valued at $5 billion, following a $278 million Series F funding round.
The company is the maker of the popular cloud-native distributed database CockroachDB. The recent funding round is the latest in a string of funding rounds. While the company may not be publicly traded, this funding could be the final push it needs to become a publicly traded company.
The company is positioned to benefit from a burgeoning cloud database market. Its latest round of funding was led by Greenoaks Venture Partners, with participation from Altimeter and other investors. Its underlying technology is cloud-native and compatible with AWS, Google Cloud Platform, and Azure.
The company has tens of thousands of clusters deployed worldwide and over 200 customers. Its latest quarter saw a 500% growth in cloud revenue. Cockroach Labs’ products and solutions are aimed at helping businesses solve complex data problems. With these tools, developers and architects can easily build, deploy, and scale their applications.
