On December 8, 2020, SingleStore announced $80 million in new funding. Insight Partners led the Series E round, with participation from new financial investor Dell Technologies Capital and equity participation from Hercules Capital. Existing investors Accel, Anchorage, Glynn Capital, GV, and Rev IV also participated. Wilson Sonsini Goodrich & Rosati represented SingleStore in the transaction.

Founded in 2011, SingleStore’s technology provides data solutions to leading companies worldwide, with more than 1,000 organizations using it to better their data strategy. SingleStore has more than 250 employees with offices in five countries, and more than 10 strategic global VAR partners. The company strives to accelerate innovation in its endeavor to fundamentally change the siloed world of data by enabling companies to have a more holistic view of their data, while preserving the familiarity and ease of integration of SQL. Its proprietary, simplified, data-agnostic approach uniquely provides one platform for all data, built so that organizations of all types can act with informed insights to make business-critical decisions fast.

The Wilson Sonsini team that advised SingleStore in the transaction includes Steve Bochner, Rezwan Pavri, Melissa Rick, and Margaret LaMore.

For more information, please see SingleStore's press release.