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SingleStore

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SingleStore
GenreRDBMS
FoundedJanuary 2011 (2011-01)
Founders
  • Eric Frenkiel
  • Nikita Shamgunov
  • Adam Prout
Headquarters
Area served
Worldwide
Number of employees
380[1]
Websitewww.singlestore.com

SingleStore (formerly MemSQL) is a distributed, relational, SQL database management system[2] (RDBMS) that features ANSI SQL support, it is known for speed in data ingest, transaction processing, and query processing.[3][4]

SingleStore stores relational data, JSON data, geospatial data, key-value vector data, and time series data. It can be run in various Linux environments, including on-premises installations, public and private cloud providers, in containers via a Kubernetes operator, or as a hosted service in the cloud known as SingleStore Helios.[5][6]

In its latest release, v.8.7, SingleStore offers bi-directional integration with Apache Iceberg, faster vector search, enhanced full-text search, autoscaling and a ‘bring your own cloud’ deployment.[7]

History

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On April 23, 2013, SingleStore launched its first generally available version of the database to the public as MemSQL.[8] Early versions supported row-oriented tables, and were optimized for cases where all data fit within main memory.

Shortly after launch, MemSQL added general support for an on-disk column-based storage format to work alongside the in-memory rowstore.[9]

On October 27, 2020, MemSQL rebranded to SingleStore to reflect a shift in focus away from exclusively in-memory workloads.[10]

In April 2023, SingleStore introduced new features to enhance real-time AI capabilities, focusing on faster data processing and more efficient AI-driven applications.[11] In May, the company introduced additional  tools aimed at enhancing generative AI (GenAI) and analytics capabilities.[12]

In July 2023, SingleStore announced a partnership with AWS to advance real-time data analytics and AI applications.[13]

In August 2023, IBM announced a collaboration with SingleStore to integrate its watsonx.ai platform for developing generative AI applications.[14]

In January 2024, SingleStore announced a new capability under the name SingleStore Kai that added MongoDB API compatibility to SingleStore allowing users to bring in data from MongoDB and run the same queries within SingleStore.[15]

In September 2024, SingleStore announced its integration with Snowflake by making SingleStore available as a Snowflake Native App in the Snowpark Container Services (SPCS) marketplace.[16]

In October 2024, the company announced the acquisition of BryteFlow, a data integration platform.[17]

Headquartered in San Francisco, California, in June 2021 SingleStore opened an office in Raleigh, North Carolina. Its other offices include Sunnyvale, California; Seattle, Washington; London, England; Hyderabad, India; and Lisbon, Portugal.[18]

Funding

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In January 2013, SingleStore announced it raised $5 million. Since then, the company has raised $318.1M from investors including Khosla Ventures, Accel, Google Ventures, Dell Capital and HPE, among others.[19] In October 2022, SingleStore closed Series F-2 and welcomed new investor Prosperity7.[20]

Funding Rounds
Series Date Amount (million $) Lead Investors
A 2013 5 DVCA, IA Ventures
B 2014 35[5] Accel
C 2016 36[5] Caffeinated Capital, REV
D 2018 30[2] Google Ventures, Glynn Capital
E Dec. 2020 80[21] Insight Partners
F Sept. 2021 80[3] Insight Partners
G July 2022 116[22] Goldman Sachs Asset Management
F-2 October 2022 30[23]

Distribution formats

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SingleStore San Francisco office in 2020

SingleStore can be downloaded for free and run on Linux for systems up to 4 leaf nodes of 32 gigs RAM each; an Enterprise license is required for larger deployments and for official SingleStore support.SingleStore is also available as a managed service named SingleStore Helios, available in various regions in Google Cloud and Amazon Web Services. The underlying engine and potential system performance are identical in all distribution formats.[1]

Recognition

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In 2024, SingleStore was recognized with five TrustRadius Top Rated Awards. Four of these awards were won for the third consecutive year, while the recognition as #2 in the vector database category was a first for the company.[24] SingleStore also earned a 2025 Buyer’s Choice Award from TrustRadius, signifying the company received top ratings from independent customer reviewers in three key areas: capabilities, value for price, and customer relationship.[25]

In 2023, the company won InfoWorld’s Technology of the year in the database category.[26]

In December 2021, SingleStore was recognized in the Magic Quadrant for Cloud Database Management Systems published by Gartner for the first time.[27] SingleStore was also included in Deloitte’s Technology Fast 500 North America, San Francisco Business Times Fast 100, Dresner Industry Excellence and Inc 5000 awards in 2020.[28] The company is part of the Cloud Native Computing Foundation and Bytecode Alliance.[29]

See also

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References

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  1. ^ a b "Why Is Better Data Management Silicon Valley's New Obsession?". Inno & Tech Today. 18 April 2022. Retrieved 26 April 2022.
  2. ^ a b "IBM invests in SingleStore to get faster AI and analytics on distributed data". Retrieved 2017-09-29.
  3. ^ a b Lunden, Ingrid (8 September 2021). "Real-time database platform SingleStore raises $80M more, now at a $940M valuation". TechCrunch. Retrieved 8 September 2021.
  4. ^ "Enterprise Technology: Revenge of the Nerdiest Nerds". Business Week. Archived from the original on July 1, 2012. Retrieved 26 April 2022.
  5. ^ a b c "BOTTOMLESS STORAGE AND PIPELINE: THE QUEST FOR A NEW DATABASE PARADIGM". Dataconomy. 20 April 2022. Retrieved 26 April 2022.
  6. ^ "Database Firm SingleStore Scores $80M in Series F Funding". Datanami. 10 September 2021. Retrieved 26 April 2022.
  7. ^ "SingleStore adds Iceberg integration, improved vector search | TechTarget". Data Management. Archived from the original on 2024-09-10. Retrieved 2024-12-14.
  8. ^ Hainzinger, Brittany (2020). "MemSQL Is Now SingleStore" (published 2020-11-02). Retrieved 2022-04-23.
  9. ^ "SingleStore raises $80M for distributed SQL database". TechTarget. Retrieved 26 April 2022.
  10. ^ "MemSQL rebrands as SingleStore". Software Development Times. 30 October 2020. Retrieved 26 April 2022.
  11. ^ "SingleStore unveils features aimed at enabling real-time AI | TechTarget". Search Data Management. Retrieved 2024-12-13.
  12. ^ "SingleStore update adds new tools to fuel GenAI, analytics | TechTarget". Search Data Management. Retrieved 2024-12-13.
  13. ^ "SingleStore Partners with AWS to Advance Real-Time Data Analytics and AI Applications". BigDATAwire. Retrieved 2024-12-14.
  14. ^ "Announcing watsonx.ai and SingleStore for generative AI applications | IBM". www.ibm.com. 2023-11-15. Retrieved 2024-12-14.
  15. ^ "SingleStore Launches MongoDB® API". SingleStore. Retrieved 2024-12-14.
  16. ^ "SingleStore Partners With Snowflake to Help Users Build Faster, More Efficient Real Time AI Applications". SingleStore. Retrieved 2024-11-15.
  17. ^ "SingleStore Acquires BryteFlow to Accelerate Adoption of Real-Time Analytics, GenAI". SingleStore. Retrieved 2024-11-15.
  18. ^ "SingleStore Could Double Employee Count in Raleigh". News Observer. Retrieved 26 April 2022.
  19. ^ "Database Startup SingleStore Raises $75M". VentureBeat. 8 September 2021. Retrieved 26 April 2022.
  20. ^ "SingleStore raises funding to fuel development, expansion | TechTarget". Search Business Analytics. Retrieved 2024-11-15.
  21. ^ "SingleStore, formerly MemSQL, raises $80M to integrate and leverage companies' disparate data silos". TechCrunch. 8 December 2020. Retrieved 27 April 2022.
  22. ^ "SingleStore helps enterprises better manage growing data volumes". VentureBeat. 12 July 2022. Retrieved 26 July 2022.
  23. ^ "SingleStore raises funding to fuel development, expansion | TechTarget". Search Business Analytics. Retrieved 2024-11-15.
  24. ^ "SingleStore Reviews & Ratings 2024". www.trustradius.com. Retrieved 2024-11-15.
  25. ^ "SingleStore Earns a 2025 Buyer's Choice Award from TrustRadius". SingleStore. Retrieved 2024-11-15.
  26. ^ "InfoWorld's 2023 Technology of the Year Award winners". InfoWorld. Retrieved 2024-11-15.
  27. ^ "What's Changed: 2021 Gartner Magic Quadrant for Cloud Database Management Systems". Solutions Review. 13 January 2022. Retrieved 26 April 2022.
  28. ^ "BOTTOMLESS STORAGE AND PIPELINE: THE QUEST FOR A NEW DATABASE PARADIGM". Dataconomy. 20 April 2022. Retrieved 26 April 2022.
  29. ^ "Database Firm SingleStore Scores $80M in Series F Funding". Datanami. 10 September 2021. Retrieved 26 April 2022.
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