About Speedb
Speedb is a company based in Tel Aviv (Israel) founded in 2020 was acquired by Redis in March 2024.. Speedb has raised $4 million across 1 funding round from investors including Hyperwise Ventures and Redis. Speedb operates in a competitive market with competitors including Scylla, Aerospike, Sqrrl, Basho and Fluidinfo, among others.
- Headquarter Tel Aviv, Israel
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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
*********
- Legal Name Speedb Pte. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Seed
Nov 01, 2020
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Investors
Hyperwise Ventures
& 1 more
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Employee Count
Employee Count
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Acquired by
Redis
(Mar 21, 2024)
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Funding Insights of Speedb
Speedb has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in November 2020. 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 1
- Last Round Seed — $4.0M
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First Round
First Round
(01 Nov 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Seed - Speedb | Valuation |
investors |
| 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 Speedb
Speedb has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Hyperwise Ventures and Redis. 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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Hyperwise Ventures is focused on seed investments in cybersecurity and enterprise software startups.
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Founded Year | Domain | Location | |
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Redis is recognized as a real-time data platform provider.
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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 Speedb
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - Speedb
| 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 |
Speedb Comparisons
Competitors of Speedb
Speedb 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 Scylla, Aerospike, Sqrrl, Basho and Fluidinfo, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cassandra-compatible NoSQL data store is developed for high performance.
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| domain | founded_year | HQ Location |
Open source based NoSQL database platform for enterprises
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| domain | founded_year | HQ Location |
AI-based key-value store for targeting cyber threats is developed.
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| domain | founded_year | HQ Location |
Distributed Nosql Database and Cloud Storage
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| domain | founded_year | HQ Location |
FluidDB is developed as an online cloud database by Fluidinfo.
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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 Speedb
Frequently Asked Questions about Speedb
When was Speedb founded?
Speedb was founded in 2020.
Where is Speedb located?
Speedb is headquartered in Tel Aviv, Israel.
Is Speedb a funded company?
Speedb is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Seed of $4M, raised on Nov 01, 2020.
What does Speedb do?
Speedb was founded in 2020 in Tel Aviv, Israel, within the database technology sector. A key-value storage engine is offered by the company to handle real-time data storage. Solutions are provided to streamline event data streaming processes. Operations focus on database platforms that support efficient data management for various applications. The platform is designed for integration in data-intensive environments.
Who are the top competitors of Speedb?
Who are Speedb's investors?
Speedb has 2 investors. Key investors include Hyperwise Ventures, and Redis.