# Citus Data

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/citus-data

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.citusdata.com
- Total disclosed funding: $11M
- Latest round: Series A (Sep 21, 2015)
- Investors on record: 11

## About

Citus Data, Inc. provides a distributed database solution that enhances PostgreSQL, enabling scalable and efficient data management for enterprises. Their platform supports diverse workloads and caters to various industries across multiple regions.Founded in 2011 and headquartered in San Francisco, US, Citus Data, Inc. specializes in distributed database technology. The company has completed five deals, with the latest being a Series A round in January 2019, where they raised USD 9.50 mn led by Khosla Ventures, contributing to a total amount raised of USD 9.50 mn and a current valuation of USD 36.535 mn. The company was acquired by Microsoft in January 2019. The founder, Ozgun Erdogan, has a notable background in database technologies, though specific details of previous ventures are not available.Citus Data specializes in providing a distributed database solution built as an extension of PostgreSQL. The core product, Citus, enables users to scale their PostgreSQL databases horizontally by distributing data and queries across multiple nodes. This architecture supports both transactional and analytical workloads, allowing applications to seamlessly manage large volumes of data while maintaining high performance and low latency. Released with support for PostgreSQL 17, the Citus platform is fully open source and caters to a variety of use cases, particularly in multi-tenant SaaS applications, real-time analytics, and time series data management. The customer base includes organizations that require rapid data processing capabilities, such as those in finance, IoT, and ad tech, primarily operating in markets across North America, Europe, and Asia.Citus Data generates revenue through a combination of managed services and subscriptions for its distributed database solutions. Clients typically engage with the company on a subscription basis, which provides access to the Citus platform, including ongoing support and updates. The business model is primarily B2B, catering to enterprises that utilize Citus for their database needs, particularly in sectors that demand scalable solutions. Pricing structures are designed around the level of resources and support required by clients, with specific plans tailored for various organizational sizes and data needs. The flagship offering, Citus, is recognized for enhancing PostgreSQL functionalities, allowing businesses to efficiently handle queries and manage extensive datasets.Citus Data plans to leverage its recent acquisition by Microsoft to enhance its product offerings and expand into new markets. The funding raised will support the development of new features and improved scalability for the Citus platform. The company aims to increase its presence in the European and Asian markets by 2022, focusing on industries that require robust database solutions. The acquisition by Microsoft may accelerate these growth initiatives, aligning Citus Data with broader tech developments in cloud services and big data analytics.

## Funding rounds

- Series A, Sep 21, 2015, $9.5M — Khosla Ventures, Rainfall Ventures, DCVC
- Seed, Feb 23, 2015 — Heavybit
- Seed, Jun 1, 2012, $1.6M — Trinity Ventures, Bullpen Capital, SV Angel, Y Combinator, Digital Garage, Inc., TSVC, Start Fund, DCVC
- Seed, Jun 1, 2011 — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Seed
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Seed
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Digital Garage, Inc. — Seed
- TSVC (https://capitalatlas.ai/funds/tsvc) — Seed
- Start Fund — Seed
- DCVC (https://capitalatlas.ai/funds/dcvc) — Seed, Series A
- Heavybit (https://capitalatlas.ai/funds/heavybit) — Seed
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A
- Rainfall Ventures (https://capitalatlas.ai/funds/rainfall-ventures) — Series A