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Aerospike set to grow real time database for AI with $109M raise


Real time database vendor Aerospike is raising new funding as it builds out vector support for AI and expands its core database capabilities.

Aerospike is increasingly being used to enable AI and machine learning (ML) applications and includes Adobe, AppsFlyer, Barclays, Flipkart and PayPal among its many users. “We were founded on the premise that real-time access to data is going to pretty much be prevalent in every industry,” Subbu Iyer, CEO of Aerospike, told VentureBeat. Aerospike is currently building out full vector capabilities as an enterprise preview with early access customers and will reach general availability this quarter.

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