About Bitnine
Bitnine is a publicly listed company based in San Francisco (United States) founded in 2013 by CheolSun Kang, and was acquired by Directors Company in December 2024. Graph database system integrating SQL and Cypher queries is provided. Bitnine has raised $10 million across 1 funding round from investors including Directors Company. The company has 40 employees. Its chief executive, as recorded, is CheolSun Kang. Its focus areas include Enterprise Infrastructure, Database Technology, NoSQL and Graph Store. Its legal entity is Bitnine Co, Ltd. Its competitors include Neo4j, TigerGraph and Cambridge Semantics; 3 of its 3 listed competitors have raised funding.
Company details
Bitnine was founded in 2013 and is based in San Francisco, United States. A multi-model graph DBMS named AgensGraph is developed for BigData and IT environments. Relational and graph data models are combined within a single database instance. SQL and Cypher querying are supported simultaneously. Features such as hierarchical labels, ACID transactions, Hadoop integration, indexing, data object management, and standby replication are included.
- Headquarters San Francisco, United States
- Employees 40
- Founders CheolSun Kang
- Stage Acquired
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website bitnine.net
- Social LinkedIn Facebook
- Acquired by Directors Company (Dec 2024)
- Legal Name Skai Worldwide Co. Ltd.
- Annual Revenue$10.83 M (USD)-21.2as on Dec 31, 2025
- Net Profit-$10.27 M (USD)37.63as on Dec 31, 2025
- EBITDA-$3.05 M (USD)58.74as on Dec 31, 2025
- Total Equity Funding$10M (USD)
in 1 rounds
- Latest Funding Round$10M (USD), Series A
Jun 2018
- Investors
- Employee Count40
- Acquired byDirectors Company
(Dec 2024)
Funding Insights of Bitnine
Bitnine has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10M
- Total Rounds 1
- Last Round Series A β $10M
- First Round $10M
(Jun 2018)
All 1 funding rounds of Bitnine with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | $10M | Series A | β | β | β |
1 investors in total: 1 institutional.
Investors in Bitnine
Bitnine has secured backing from 1 investor. Prominent investors backing the company include Directors Company.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Branding, advertising, and creative services are provided to clients. | 2011 | directorscompany.co.kr | Seoul, South Korea |
Investor details for Bitnine
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People of Bitnine
1 people are tracked at Bitnine (1 in leadership); the tracked headcount is 40.
| Name | Role | Group |
|---|---|---|
CheolSun Kang | Founder & CEO | Leadership |
Complete people profiles for Bitnine
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IPO & Listings of Bitnine
Bitnine is a publicly listed company on the KRX with ticker symbol 357880 in South Korea, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Nov 2021
- Listed onKRX: 357880
- Listed entitySKAI worldwide Co. Ltd.
- Exchange sectorTechnology services
- ISINKR7357880004
- Share price1,586.00 KRW (-0.19% on the day) · 2026-10-14
- Market capitalisation88,109,420,811.00 KRW
- EPS (diluted, trailing year)-602.35 KRW
- Volume (last session)316,052
Financials of Bitnine
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 15.64B KRW | -14.83B KRW | -4.40B KRW |
| 2024 | 19.85B KRW | -23.78B KRW | -10.65B KRW |
| 2023 | 24.26B KRW | -16.65B KRW | -10.95B KRW |
| 2022 | 19.18B KRW | -439.9M KRW | 2.80B KRW |
| 2021 | 16.41B KRW | 1.17B KRW | 1.82B KRW |
Detailed financial statements for Bitnine
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Timeline of Bitnine
4 dated milestones of Bitnine across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Bitnine is founded.
- Funding First funding round of $10.0M.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Directors Company.
Competitors of Bitnine
Bitnine has 3 listed competitors in our database, 3 of them funded. They include Neo4j, TigerGraph and Cambridge Semantics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| neo4j.com | 2007 | San Mateo, United States | $581.1M | 288 | Provider of a native graph database management system for storing and analyzing complex relationships and patterns across large datasets | |
| tigergraph.com | 2012 | Redwood, United States | $171.7M | 25 | Graph database for massive parallel processing is offered. | |
| cambridgesemantics.com | 2007 | Boston, United States | $8.8M | 53 | Graph-based data analytics platform for enterprise data management is offered. |
Detailed competitors of Bitnine
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Web traffic of Bitnine
The website of Bitnine (bitnine.net) receives about 5.8K visits a month.
- Monthly visits5.8K
▼ 35% vs previous month
Websites whose visitors overlap most with Bitnine. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| signoz.io | 100% | 252.6K | #194,910 | View details | |
| google.com | 69% | 85.8B | #1 | View details | |
edbkorea.com | edbkorea.com | 31% | #1,794,764 | β |
Top companies in Database Technology
3 companies that operate in the same segment as Bitnine (Database Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 |
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Related news about Bitnine
Complete news archive for Bitnine
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Frequently Asked Questions about Bitnine
Bitnine was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Bitnine is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
CheolSun Kang is the CEO of Bitnine, as recorded in our data. They have also founded this company.
Bitnine is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Jun 2018.
Bitnine has 40 employees.
Annual revenue of Bitnine is $10.83M as on Dec 31, 2025.
Bitnine was founded in 2013 and is based in San Francisco, United States. A multi-model graph DBMS named AgensGraph is developed for BigData and IT environments. Relational and graph data models are combined within a single database instance. SQL and Cypher querying are supported simultaneously. Features such as hierarchical labels, ACID transactions, Hadoop integration, indexing, data object management, and standby replication are included.
Bitnine's top competitors include Neo4j, TigerGraph and Cambridge Semantics.
Yes, Bitnine is publicly traded on KRX under the ticker symbol 357880.
Bitnine has 1 investor. Key investors include Directors Company.
Bitnine operates through Bitnine Co, Ltd.
Yes. Bitnine was acquired by Directors Company in December 2024.