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SAN FRANCISCO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Neon, the serverless Postgres database built for developers, today announces a $25.6 Million strategic investment led by M12, Microsoft’s Venture Fund.

Lead data engineer Jake Roussis told a Databricks data intelligence day in Melbourne that the changes had driven a “40-to-50 percent reduction in production platform expenditure over the last 12 ...

Databricks Inc. is reportedly seeking to buy Neon Inc., a startup that sells a commercial version of the open-source PostgreSQL database. Tech publication Upstarts Media today cited sources as saying ...

Databricks Inc. today introduced a new serverless database called Lakebase that can process more than 10,000 queries per second. The service is based on PostgreSQL, a popular open-source relational ...

$1 Billion Deal: Databricks to Acquire Neon and Boost AI-Driven Databases Your email has been sent Databricks, a leading platform for data and AI solutions, has announced plans to acquire Neon, a ...

Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said ...

Databricks, the Data and AI company, announced it intends to acquire Neon, a leading serverless Postgres company, to continue innovating and investing in Neon’s database and developer experience for ...

AWS Lambda celebrated its tenth anniversary in November 2024, marking a decade of transforming cloud computing through serverless architecture. By eliminating the need for infrastructure management, ...