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Neo4j raises $325M series F

neo4j.com

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Re: Neo4j raises $325M series F

#41

Post by e1g »

feu wrote: post #37
handrous wrote: post #35

Earlier quoted context omitted.

GraphQL has been such a bad name to deal with. I've seen so much "we need a graph, so isn't graphQL a good idea?" or "this is a graph database, so doing graphQL on it will be way easier & more natural than on a SQL db, right?". Even from technical and semi-technical people.

Is the latter not the case? I'm genuinely asking here, as this is a point of view expressed by my tech lead (though in our case it's a graph DB vs an existing MongoDB setup).

Absolutely unrelated. You can think of GraphQL as a standardized glorified RPC that calls arbitrary functions that return some data. Whether the source of data is an RDBMS, a bunch of REST microservices, DynamoDB, redis, SQLite, a flat JSON file, Neo4j, or a D12 dice doesn't really matter.

The "graph" part is if your arbitrary data is actually somehow related, you can traverse those relationships in one request instead of having to do many calls in a waterfall.

Re: Neo4j raises $325M series F

#42

Post by phillipcarter »

haolez wrote: post #6

Series F? Is that a bad smell or is it considered normal nowadays? Genuine question.

Another way I look at this is that wealth has accumulated so disproportionately at the top that the small number of individuals/firms flush with wealth need to find ways to spend the money. So why not dump hundreds of millions on another company? Since there isn't any actual force coming in to take and redistribute it, might as well spend it.

Re: Neo4j raises $325M series F

#43

Post by rch »

feu wrote: post #36
Grimm1 wrote: post #12

What this tells me is that the graph db space has a lot of room in it for someone to come along and make a kick ass product, because honestly every time I've had a problem a graph db can solve I remember I basically only have a few mediocre choices to choose from. Neo4J has been very meh in my experience, but they are the biggest.

Do you have any opinions on ArangoDB or Dgraph? My new tech lead is talking about switching from MongoDB to one of those.

Dgraph looks solid and has been coming up more often lately.

Re: Neo4j raises $325M series F

#44

Post by spriggancg »

Grimm1 wrote: post #12

What this tells me is that the graph db space has a lot of room in it for someone to come along and make a kick ass product, because honestly every time I've had a problem a graph db can solve I remember I basically only have a few mediocre choices to choose from. Neo4J has been very meh in my experience, but they are the biggest.

I discovered that there is a fork of a previous Neo4j enterprise version known as ONgDB. Don't know if it will have a sufficient pool of maintainers to fix and make evolve such a product. But at least it remains fully open source.(Neo4J enterprise version open source code has been removed..)

Re: Neo4j raises $325M series F

#45

Post by azinman2 »

nick_ wrote: post #33
Grimm1 wrote: post #12

What this tells me is that the graph db space has a lot of room in it for someone to come along and make a kick ass product, because honestly every time I've had a problem a graph db can solve I remember I basically only have a few mediocre choices to choose from. Neo4J has been very meh in my experience, but they are the biggest.

Have you checked out RedisGraph extension for Redis?

Redis is memory-backed, so you have limitations here. When I think of neo4j and its equivalents, it's about super giant datasets that are beyond memory limits.

Re: Neo4j raises $325M series F

#46

Post by dcolkitt »

haolez wrote: post #6

Series F? Is that a bad smell or is it considered normal nowadays? Genuine question.

Ever since Sarbanes-Oxley there's been a continuously declining number of new public companies. The reality is the modern legal and regulatory environment makes being a public company significantly more burdensome than it was in 1995.

There's more than abundant amounts of capital in private equity, so the only real reason to go public is to create liquidity for early founders/investors/employees who want to cash out. Given that, arguably you could say going public, instead of raising private capital, is the smell. Or at least an attempt to top-tick the valuation, e.g. WeWork.

Re: Neo4j raises $325M series F

#47

Post by staticassertion »

whalesalad wrote: post #5

> Series F Yikes > largest investment in a private database company I guess this is one of those PR moves that is trying to make something lame sound good? If your customer portfolio includes Walmart, Volvo and AstraZeneca why are you raising money a 6th time?

IDK, on the one hand it's a late round. On the other, as a CEO, the ability to just immediately raise 325 million dollars is both impressive and appealing. It's insane how far even one million dollars goes, 325 is mind boggling to me.

Re: Neo4j raises $325M series F

#49

Post by busterarm »

rch wrote: post #43
feu wrote: post #36

Earlier quoted context omitted.

Do you have any opinions on ArangoDB or Dgraph? My new tech lead is talking about switching from MongoDB to one of those.

Dgraph looks solid and has been coming up more often lately.

It has slightly worse performance but it's a much nicer application to use.
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