What is Scylla?
Scylla is recognized as a high-performance big data database, engineered for real-time applications. Its API compatibility with industry standards like Apache Cassandra and Amazon DynamoDB, coupled with a shared-nothing architecture, allows for a tenfold increase in throughput and storage capacity. This robust performance profile has led to adoption by major enterprises including Comcast, Discord, Disney+ Hotstar, and Starbucks, who leverage Scylla to enhance operational efficiency and reduce hardware expenditures. The company was founded by the team behind the KVM hypervisor, bringing deep technical expertise to its development.
How much funding has Scylla raised?
Scylla has raised a total of $93M across 5 funding rounds:
Other Financing Round
$7M
Other Financing Round
$2M
Series B
$16M
Unspecified
$25M
Series C
$43M
Other Financing Round (2013): $7M with participation from Innovation Endeavors, Wing Venture Capital, and Bessemer Venture Partners
Other Financing Round (2015): $2M led by Magma Venture Partners and Qualcomm Ventures
Series B (2017): $16M supported by Western Digital, Magma Ventures, Samsung, Bessemer Venture Partners, and Qualcomm Ventures
Unspecified (2019): $25M featuring Magma Venture Partners, Bessemer Venture Partners, Qualcomm Ventures, Eight Roads Ventures, and TLV Partners
Series C (2023): $43M backed by Eight Roads Ventures, Qualcomm Ventures, and Magma Venture Partners
Key Investors in Scylla
Eight Roads Ventures
Eight Roads is a venture capital investment company specializing in real estate, venture, and growth businesses, providing strategic capital to fuel expansion.
Qualcomm Ventures
Qualcomm Ventures is a global corporate venture firm investing in early to growth-stage technology companies, offering access to leading technology and a robust network.
Magma Venture Partners
Magma VC is a venture capital firm focused on investing in innovative startups, particularly in Israel, providing capital and strategic guidance to help them grow.
What's next for Scylla?
The recent major strategic investment signals Scylla's transition into a scaling phase, likely focusing on expanding its market reach and further developing its enterprise-grade features. With substantial backing, the company is well-positioned to capitalize on the growing demand for high-throughput, low-latency data solutions. Future initiatives may include enhancing its cloud-native capabilities, deepening integrations with existing enterprise data stacks, and potentially exploring new verticals where real-time data processing is critical. The ongoing support from prominent venture capital firms suggests a strategic roadmap aimed at solidifying its position as a leader in the big data landscape.
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