PeerDB

Overview
News

PeerDB is a data movement platform specializing in change data capture (CDC) solutions for PostgreSQL databases. Founded in mid-2023 by Kaushik Iska and Sai Krishna Srirampur, PeerDB offers fast and cost-effective data replication from PostgreSQL to various data warehouses and analytics platforms. The company's technology significantly reduces the time required to connect transactional data in PostgreSQL with analytical databases, enabling real-time data replication and synchronization. PeerDB's platform utilizes parallel snapshotting, which can dramatically reduce the time needed to move massive datasets from days to hours while ensuring consistency. The company's approach diverges from traditional methods by focusing on building a system specialized for PostgreSQL at terabyte scale. As of July 2024, PeerDB was acquired by ClickHouse, Inc., a move aimed at enhancing ClickHouse's real-time analytics and data integration capabilities.

Key customers and partnerships

PeerDB's customer base includes Harmonic AI, Expedock, Fiber AI, and Flatiron Health. Harmonic AI replaced an incumbent ETL solution with PeerDB, resulting in USD 80,000 yearly savings. Expedock uses PeerDB to replicate 700 million rows monthly from PostgreSQL to Snowflake with under one minute latency. Fiber AI leverages PeerDB to replicate terabytes of data from PostgreSQL to ClickHouse in real-time for their search use case. Flatiron Health utilized PeerDB to migrate 35,000 tables with terabytes of data from PostgreSQL to Snowflake within a week. In July 2024, PeerDB was acquired by ClickHouse, Inc., forming a strategic partnership to enhance real-time analytics capabilities for PostgreSQL users.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
San Carlos, CA
Founded year:
2023
Employees:
1-10
IPO status:
Private
Total funding:
USD 4.1 mn
Last Funding:
USD 3.6 mn (Seed; Apr 2024)
Last valuation:
-
Funding data are powered by Crunchbase
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