DataStax

Valuation $5B

About DataStax

DataStax is the real-time data company for Gen AI applications.
Headquarters DataStax, Santa Clara
Founded 2010-03-31
Industry Artificial Intelligence (AI), Data Management, Information Technology, Open Source, Software
Last Funding Type Series Unknown
Valuation 5
Total Funding $342.57 million dollars
IPO Status Private

Financial

DataStax has launched a new Hyper-Converged Data Platform aimed at providing enterprises with a comprehensive modern data center suite for AI in production. Additionally, DataStax has acquired Langflow, a company known for its low-code AI app development tools, to facilitate the creation of generative AI applications. DataStax also acquired Aurelius and its TitanDB Graph Database.

DataStax is focused on enhancing database systems and web application generation. They are developing methods for efficient data streaming between nodes in a database cluster, optimizing data transfer and segment offset data generation. Additionally, they are innovating in web application generation by analyzing code for execution on local devices. Their work also includes the use of trie-based indices for databases, utilizing byte ordering for keys to reference stored data effectively. These advancements contribute to robust data management and application development capabilities.

DataStax has introduced the Hyper-Converged Data Platform (HCDP) to support enterprise AI and database needs. The company also launched new versions of Langflow and RAGStack to enhance AI development. Additionally, DataStax acquired Langflow, an open-source tool for RAG, to simplify building AI applications.
Funding Rounds 10
Number of Lead Investors 6
Total Funding Amount  $342.57 million dollars
Number of Investors 24

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