# Xatabase

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

- Industry: Internet
- Headquarters: New Castle, US
- Website: www.xata.io
- Total disclosed funding: $35M
- Latest round: Series A (Mar 8, 2022)
- Investors on record: 6

## About

Xatabase Inc. is a technology company specializing in scalable PostgreSQL database management solutions, designed to enhance agility and performance for developers and enterprises alike.Founded in 2020 and headquartered in New Castle, US, Xatabase Inc. provides advanced database management solutions. The company was co-founded by Monica Sarbu, who has a background in technology startups. In March 2022, Xatabase raised USD 30 mn in Series A funding from Redpoint Ventures and Index Ventures, bringing the total amount raised to USD 30 mn, with a current valuation of USD 162.319 mn.Xata specializes in providing a robust platform for managing PostgreSQL databases at scale, catering to enterprises and developers seeking agility and performance in data management. The core offerings include instant Copy-on-Write branching and anonymized data for development and testing purposes, along with zero-downtime schema changes that enhance deployment reliability. Their unique distributed storage architecture maximizes resource utilization and performance for production workloads, making it particularly attractive for businesses with significant database demands. The platform is designed for seamless integration into existing cloud infrastructures, supporting major providers like AWS, GCP, and Azure. Xata serves a diverse client base that includes software developers, data engineers, and corporations with stringent security and compliance requirements, focusing primarily on markets in North America and Europe.Xata generates revenue through a subscription-based model, where clients pay infrastructure costs directly to their cloud service providers while accessing Xata's advanced database management features. The pricing structure offers varying tiers based on usage, specifically optimized for customer needs, with flagship services such as the Xata Agent, which provides AI-driven monitoring and performance optimization. Clients typically engage with Xata by subscribing to packages that include features like Copy-on-Write branches and enhanced database performance capabilities, ensuring an efficient workflow for development and production environments. This subscription approach enables flexibility and scalability, allowing businesses to adjust their usage as their data needs evolve, reinforcing Xata’s commitment to providing value per unit of performance.Following its Series A funding round in March 2022, in which Xatabase Inc. raised USD 30 mn, the company plans to utilize this capital to further develop its platform, add more features, and release the software publicly. Xata is focusing its expansion efforts on new geographic regions, targeting greater penetration into European markets by 2023.

## Funding rounds

- Series A, Mar 8, 2022, $30M — Index Ventures, Redpoint Ventures
- Seed, Sep 19, 2021, $5M — Index Ventures, SV Angel, Firstminute Capital, XFactor Ventures, Operator Collective

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed, Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Firstminute Capital (https://capitalatlas.ai/funds/firstminute-capital) — Seed
- XFactor Ventures (https://capitalatlas.ai/funds/xfactor-ventures) — Seed
- Operator Collective (https://capitalatlas.ai/funds/operator-collective) — Seed
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series A