Terark is a China-based startup that has developed a groundbreaking Database and Big Data System, offering the capability for direct search on highly compressed data. The technology boasts a remarkable 200X faster read performance and over 10X storage savings compared to industry benchmarks such as Google's LevelDB and Facebook's RocksDB. This innovation promises larger scalability with lower costs for big data applications. Notably, Alibaba is among the paying customers of Terark, adding a significant level of credibility to the company's offering. Founded in 2015, Terark has already garnered the support of prominent investors, securing a $120.00K Seed Round investment led by Y Combinator in 20 March 2017. As a Y Combinator company, Terark is poised to make a considerable impact within the Information Technology industry. This startup's ability to deliver enhanced performance and cost-effectiveness in managing big data positions it as a compelling investment opportunity for venture capitalists seeking disruptive innovations in the tech sector.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $120.00K | 1 |
|
20 Mar 2017 |
| Angel Round | Unknown | 1 |
|
01 Dec 2015 |
No recent news or press coverage available for Terark.
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