About PlanetScale
PlanetScale is a company based in Mountain View (United States) founded in 2018 by Sam Lambert and Jitendra Vaidya.. PlanetScale has raised $105 million across 4 funding rounds from investors including Kleiner Perkins, Andreessen Horowitz and SignalFire. PlanetScale operates in a competitive market with competitors including MongoDB, Couchbase, DataStax, MariaDB and Qubole, among others.
- Headquarter Mountain View, United States
- Founders Sam Lambert, Jitendra Vaidya
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Planetscale, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$105 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series C
Nov 16, 2021
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Investors
Kleiner Perkins
& 21 more
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Employee Count
Employee Count
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Funding Insights of PlanetScale
PlanetScale has successfully raised a total of $105M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in November 2021. 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 Total Funding
- Total Rounds 4
- Last Round Series C — $50.0M
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First Round
First Round
(19 Dec 2018)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series C - PlanetScale | Valuation | Kleiner Perkins | |
| Jun, 2021 | Amount | Series B - PlanetScale | Valuation | Insight Partners | |
| May, 2019 | Amount | Series A - PlanetScale | Valuation | a16z |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PlanetScale
PlanetScale has secured backing from 22 investors, including venture fund and angel investors. Prominent investors backing the company include Kleiner Perkins, Andreessen Horowitz and SignalFire. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Seed and early-stage startups are funded by SignalFire.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PlanetScale
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PlanetScale
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Planetscale Comparisons
Competitors of PlanetScale
PlanetScale operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MongoDB, Couchbase, DataStax, MariaDB and Qubole, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
A cloud-based database-as-a-service platform is provided for application development.
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| domain | founded_year | HQ Location |
AI-powered database service is provided for enterprise data management.
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| domain | founded_year | HQ Location |
Cloud based database platform for enterprises
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| domain | founded_year | HQ Location |
Provider of dbaas platform for enterprises
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| domain | founded_year | HQ Location |
Provider of cloud-based data lake platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Planetscale
Frequently Asked Questions about PlanetScale
When was PlanetScale founded?
PlanetScale was founded in 2018.
Where is PlanetScale located?
PlanetScale is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of PlanetScale?
Sam Lambert is the current CEO of PlanetScale. They have also founded this company.
Is PlanetScale a funded company?
PlanetScale is a funded company, having raised a total of $105M across 4 funding rounds to date. The company's 1st funding round was a Series A of $22M, raised on Dec 19, 2018.
What does PlanetScale do?
Founded in 2018 and headquartered in Mountain View, United States, PlanetScale operates in the database technology sector. A NewSQL-based database-as-a-service platform is provided, enabling organizations to deploy multi-cluster setups without operational burdens. Data protection, access, and insight generation are facilitated through features such as automatic failover, backups, cluster configuration, and shard management. Services are delivered via the domain planetscale.com.
Who are the top competitors of PlanetScale?
Who are PlanetScale's investors?
PlanetScale has 22 investors. Key investors include Kleiner Perkins, Andreessen Horowitz, SignalFire, Insight Partners, and Tom Preston-Werner.
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