ArangoDB, the most scalable open source graph database, today announced a $27.8 million Series B financing round led by Iris Capital, with participation from existing investors Bow Capital and Target Partners, alongside New Forge. Curt Gunsenheimer, Managing Partner at Iris Capital, and New Forge’s Mirko Novakovic, co-founder and former CEO of Instana, join ArangoDB’s board of directors. This Series B investment brings ArangoDB’s total financing to $47 million since its foundation.
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