Neo4j Background:
Gartner recently predicted that more than 80% of data innovations by 2025 will be powered by graph databases. Cloud computing powerhouses like Microsoft and Amazon have taken notice and begun investing in this technology in recent years. And no wonder, the market opportunity is staggering! The database market as a whole is $50B today and expected to reach $100B over the next 5 years and graph databases are situated to capture an enormous amount of that market. Graph databases are already the second most popular DB model in the world (behind traditional relational databases) and are rapidly growing in popularity.
Neo4j is, without question, the most popular graph database in the world…
● Neo4j is one of the fastest-scaling technology companies in this industry. Well over $100M ARR and still rapidly growing.
● Raised biggest round of funding in all of database history ($325M Series F).
● Backed by world class investors like Google Ventures (GV), Neo4j has raised over $582M in funding and is currently valued at $2Bn. This puts them among the most well-funded database companies in history.
● 75% of Fortune 100 use Neo4j today with more than 800 enterprise customers including Comcast, eBay, Adobe, Lyft, UBS, IBM, HP, and many more.
● Emil Eifrem (CEO) has built an amazing culture
● Countless awards in the industry. Massive Enterprises and individual developers/ data scientists love Neo4j. Strong sense of community and ecosystem is built around the platform.
● A recent Forrester Total Economic Impact Study pegged Neo4j as delivering 417% ROI to customers.