Canvas, Meritech co-lead $50 mln funding in Kinetica

San Francisco-based Kinetica, provider of a GPU-accelerated relational database, announced it has raised $50 million in a Series A round of funding. The funding was co-led by Canvas Ventures and Meritech Capital Partners, with participation from new investor Citi Ventures and existing investor Ray Lane of GreatPoint Ventures. As part of the funding, Gary Little, a partner at Canvas, and Paul Madera, a partner at Meritech, have joined the company board.

29 June 2017•1 min read
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