Tembo Secures $14M in Series A to Enhance Postgres Managed Services
Tembo is dedicated to empowering organizations to effectively manage their database needs with its advanced Postgres managed services.
Company Name: Tembo
Location: Cincinnati, OH, USA
Sector: Technology, Database Management
Funding Details: Raised $14M in Series A funding. The round was led by GreatPoint Ventures, with participation from Venrock, Grand Ventures, Wireframe Ventures, Defined Capital, Cintrifuse Capital, and angel investors.
Purpose of Investment: To expand operations and development efforts, enhancing the capabilities and reach of its managed services.
Leadership: Founded and led by CEO Ry Walker. The company has also recently expanded its leadership team with key hires from Fortune 500 companies and notable innovators in the data industry, including CTO Samay Sharma, David Wheeler, Jason Peterson, and Shaun Thomas.
Product: Tembo provides a managed service that leverages the open-source database Postgres for transactional, analytical, and AI workloads across any cloud platform. This service offers customers the reliability and extensibility of Postgres with added features for improved observability, compliance, and developer experience.
About Company: Tembo is dedicated to empowering organizations to effectively manage their database needs with its advanced Postgres managed services. The company caters to a wide range of clients, from startups to Fortune 500 companies, facilitating their operations across various cloud environments. With this new funding, Tembo is set to further innovate its services and expand its impact in the database management sector.