# RethinkDB

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rethinkdb

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.rethinkdb.com
- Total disclosed funding: $12M
- Latest round: Series A (Dec 16, 2013)
- Investors on record: 10

## About

Hexagram 49, Inc. specializes in providing an open-source database solution designed for real-time applications, focusing on enhancing data integration and performance in various sectors.Hexagram 49, Inc., founded in 2009 and headquartered in Mountain View, US, develops RethinkDB, an open-source, scalable database solution tailored for real-time applications. The firm has undergone a strategic pivot since its inception, targeting developers and businesses needing robust data infrastructure. The company reached a significant milestone in October 2016, when it secured USD 8.00 mn during its Series A funding round, led by Highland Capital Partners, with participation from Draper Fisher Jurvetson and Webb Investment Network, totaling USD 8.00 mn raised to date. The company has executed five deals throughout its operational history.RethinkDB is an open-source, scalable database designed specifically for building real-time applications. Its core product facilitates the seamless integration of JSON data streams into applications, eliminating the inefficiencies associated with traditional polling methods. By leveraging a modern distributed architecture and state-of-the-art storage engine, RethinkDB enhances the performance of various application types, including multiplayer games, real-time marketplaces, and connected devices in the Internet of Things (IoT). The platform has gained traction among developers and businesses aiming to deliver instantaneous updates and data analytics, making it particularly valuable for industries that require low latency and high throughput, such as gaming, finance, and smart device management. RethinkDB's user base spans across various geographical markets, including North America, Europe, and Asia, catering to over 100,000 developers and organizations seeking to modernize their data infrastructure.RethinkDB's revenue model primarily revolves around support and services associated with its open-source database. The company generates revenue through partnerships and subscriptions for enterprise-level support, which may include consulting, technical assistance, and service level agreements. Clients, ranging from small development teams to large enterprises, engage in transactions that facilitate access to premium features and enhanced support options. While specific pricing plans for services are not disclosed, the structure typically involves tiered subscriptions based on the scale of deployment and level of support required, thereby showcasing RethinkDB's commitment to serving a diverse clientele.Looking ahead, Hexagram 49, Inc. aims to expand its offerings by innovating new products tailored for real-time data applications. The company is also targeting expansion into emerging markets across Asia and Europe to enhance its global presence by 2025. The funding raised during the Series A round will be utilized to bolster product development and support its market expansion strategy, ensuring that the company continues to meet the evolving needs of its users.

## Funding rounds

- Series A, Dec 16, 2013, $8M — Draper Fisher Jurvetson, Highland Capital Partners, Webb Investment Network
- Series A, Sep 1, 2011, $3M — Draper Fisher Jurvetson, Highland Capital Partners, Avalon Ventures, Andreessen Horowitz, SV Angel, Amicus Capital, Webb Investment Network, ACE & Company
- Seed, Apr 1, 2010, $1.2M — CRV, Highland Capital Partners, Avalon Ventures, Andreessen Horowitz
- Seed, Jun 1, 2009 — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- CRV (https://capitalatlas.ai/funds/crv) — Seed
- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Seed, Series A
- Avalon Ventures (https://capitalatlas.ai/funds/avalon-ventures) — Seed, Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A
- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- Amicus Capital — Series A
- Webb Investment Network (https://capitalatlas.ai/funds/webb-investment-network) — Series A
- ACE & Company (https://capitalatlas.ai/funds/ace-company) — Series A