Union Square Ventures is a private equity and venture capital firm focused on early-stage, growth capital, late-stage, and startup financing. The USV portfolio companies create services that have the potential to fundamentally transform important markets.  It exclusively invests in the internet world, focusing on the applications layer of the web, internet services, and web services that create large networks as well as the mobile sector. Some of its invested companies are based in New York, San Francisco, London, Berlin, and places in between. It typically makes a starting investment in portfolio companies of $1 million. In certain Series Around cases, the firm may make a starting investment between $2.5 million to $3 million. It typically invests up to $20 million in any single company. Union Square Ventures was founded in 2003 and is based in New York, United States.

Union Square Ventures

Flybridge is a seed-stage VC investing with entrepreneurs to leverage the power of the community. It prefers to invest in computer hardware, software, SaaS, and big data sectors. Founded in 2002, the company is headquartered in Boston, Massachusetts.

Flybridge

Sequoia is a venture capital focused on energy, financial, enterprise, healthcare, internet, and mobile startups. The firm helps a small number of daring founders build legendary companies. It spurs them to push the boundaries of what’s possible. The firm seeks to invest in all sectors with a focus on energy, financials and financial services, healthcare and healthcare services, Internet, mobile, outsourcing, and technology.

Sequoia Capital

KG Investments is a private family office fund focused on investing in technology companies through direct investments and secondary loans. This approach is guided by its extensive background of building and investing in technology-related companies over the last 20 years.KG Investments also invests in uncorrelated professionally managed Hedge & Private Equity funds as a Limited Partner looking for unique differentiated opportunities.  It was founded in 2006 and is based in Scottsdale, Arizona.

KG Investments

New Enterprise Associates is a prominent venture capital firm focusing on investments in technology and healthcare startups. They help entrepreneurs build transformational businesses across multiple stages, sectors, and geographies. With over $19 billion in cumulative committed capital since the firm’s founding in 1977, NEA invests in technology and healthcare companies at all stages in a company’s lifecycle, from the seed stage through the IPO. The firm's long track record of successful investing includes more than 210 portfolio company IPOs and more than 360 acquisitions.

New Enterprise Associates

T. Rowe Price is an investment management firm dedicated to funding technology startups. The firm serves individuals, financial intermediaries, and institutions and offers a full range of investment strategies across a broad spectrum: debt, equities, and private equities.

T. Rowe Price

Intel Capital invests in innovative startups targeting cloud and AI infrastructure, edge, 5G, autonomy, cybersecurity, client & gaming, enterprise applications, silicon design and manufacturing, and a wide range of other disruptive technologies.

Intel Capital

Fidelity is a privately owned investment management firm that serves a wide range of clients. It offers services including IRAs, rollovers, annuities, discount brokerage, retirement planning, estate planning, wealth management, securities execution and clearance, and life insurance. They serve individual investors, businesses, financial advisors, and institutions. The firm manages equity, fixed-income, and balanced mutual funds and invests in public equity and fixed-income markets. It also conducts in-house research to inform its investment decisions.

Fidelity

Red Hat is a company dedicated to free and open source software, and a major Linux distribution vendor. The company is known for its enterprise operating system Red Hat Enterprise Linux, and more recently through the acquisition of open source enterprise middleware vendor JBoss. Red Hat provides operating system platforms along with middleware, applications, and management solutions, as well as support, training, and consulting services.

Red Hat

Altimeter Capital is a technology-focused investment firm based in Menlo Park, CA and Boston, MA.  Altimeter manages a long/short public equity fund and growth-stage private capital funds.

Altimeter Capital

Salesforce Ventures helps enterprising founders build companies that reinvent the way the world works.  they’ve invested in and partnered with more than 400 of the world's tenacious enterprise software companies  Salesforce Ventures leverages decades of expertise in the cloud and long-term relationships with key decision-makers at thousands of businesses around the world to give portfolio companies an unfair advantage, help them build credibility, and accelerate growth.

Salesforce Ventures

Dell Technologies Capital is the investment arm for Dell Technologies.  We’ve invested in over 100 companies that push the envelope on digital technology for enterprises and consumers.  We are a team of world-class investors who help our companies succeed.  We focus on early-stage investments with passionate founders. Our companies gain unique access to the go-to-market capabilities of Dell Technologies. For more information visit www.delltechcapital.com

Dell Technologies Capital

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

Goldman Sachs

MongoDB

The innovative cost dynamics of serverless computing allow more customers onto the cloud without breaking the bank.

Serverless Computing

Koyeb is a French startup that offers a serverless platform for developers to run applications, application programming interfaces, and databases. The platform supports a number of serverless deployment options, including git-based deployments, Docker file deployments, and container registry deployments, and provides a suite of infrastructure-as-code tools for automation. Users can connect their code repositories, build native continuous deployment pipelines, and perform load balancing across three continents via its edge network.Key customers and partnershipsFurthermore, Koyeb integrates with a number of third-party applications like MongoDB, Neon, Turso, and Upstask and supports coding languages including Node.js, Python, Go, Ruby, Java, PHP, Scala, and Clojure. As of November 2023, the platform was used by over 50,000 developers and teams from a number of companies including HuggingFace, Equinix, Tesla, and Intel.

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

Fireworks AI is an AI startup that helps companies fine-tune and deploy Gen AI models. The company offers a platform that enables developers to leverage open-source models for their applications. Fireworks AI's platform provides access to over 100 AI models, including language models like Llama 3, Mistral, and Gemma, as well as image-generation models such as Stable Diffusion 3 and Stable Diffusion XL. The company focuses on optimizing these models for speed and performance, with benchmarks showing up to 4x faster inference speeds and up to 8x higher throughput than alternative platforms.The Fireworks AI platform offers a serverless API for accessing these models, which is compatible with the OpenAI API, making it easy to integrate with tools like LangChain and LlamaIndex. In addition to providing access to pre-trained models, Fireworks AI offers fine-tuning capabilities, allowing developers to customize models using their proprietary data. The platform includes a playground for interactive model experimentation, as well as a CLI tool for fine-tuning.The company offers a pay-as-you-go pricing structure based on the number of tokens processed. Fireworks AI also provides on-demand deployments, where users can rent GPU instances (A100 or H100) on an hourly basis.Key customers and partnershipsAs of September 2024, notable customers, including DoorDash, Quora, Upwork, and startups like Cresta, Cursor, and Liner, used Fireworks AI.Fireworks AI has established strategic partnerships with several companies to enhance its offerings. In<a href="https://www.mongodb.com/blog/post/fireworks-ai-mongodb-fastest-ai-apps-with-best-models-powered-by-your-data"> May 2024</a>, Fireworks AI partnered with MongoDB to combine Fireworks' optimized models with MongoDB's data management capabilities. The company also partnered with LangChain in <a href="https://blog.langchain.dev/bringing-free-oss-models-to-the-playground-with-fireworks-ai/">October 2023 </a>to integrate Fireworks AI models into the LangSmith playground, allowing users to experiment with open-source models without requiring an API key. Additionally, Fireworks AI is part of MongoDB's AI Application Program (MAAP), which provides developers with a comprehensive set of tools and services to build AI-powered applications.

Fireworks.ai offers a generative AI platform as a service. The company optimizes for rapid product iteration building on top of gen AI as well as minimizing cost to serve.

Koyeb is the serverless company delivering a next-generation platform to quickly deploy and run apps globally. Koyeb provides the fastest way to run AI workloads, web applications, and APIs on high-performance infrastructure with a developer-oriented experience. Koyeb dramatically reduces deployment time and operational complexity by removing server and infrastructure management for businesses and developers. Created by cloud computing veterans, Koyeb manages the industry's first cloud platform dedicated to high-performance serverless apps on GPUs, accelerators, and CPUs.

MongoDB is a database with vector search capabilities that helps businesses transform their industries by harnessing the power of data. It specializes in the fields of open source, databases, and software development. It was founded in 2007 and headquartered in New York, United States.

<div> MongoDB (NYSE: MDB) is a leading non-relational database management system developed by MongoDB Inc. Founded in 2007, MongoDB uses a document-oriented database model that stores data in flexible, JSON-like documents. MongoDB's key features include a flexible schema, powerful querying and aggregation capabilities, horizontal scalability through sharding, and high availability through replication. The database is designed for performance and scalability, making it well-suited for applications that need to handle large volumes of diverse, unstructured data. MongoDB supports a wide range of programming languages and frameworks, including JavaScript, Python, Java, and C#. In recent years, MongoDB has focused heavily on cloud offerings through its Atlas database-as-a-service platform. The company has seen strong revenue growth, with Atlas revenue growing 82% year-over-year in Q1 fiscal 2023 to represent 60% of total revenue. MongoDB had over 35,200 customers as of Q1 2023. While still not consistently profitable, the company has been making progress toward profitability as it scales. </div>

MongoDB Downgraded; Analyst Cites 'Treacherous' Near-Term View

Platforms to make the most of cloud infrastructure

Cloud Optimization Tools

ANALYST_QUICK_TAKE

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 
 CloudZero, a cloud cost management platform, has entered into a partnership with MongoDB. This collaboration is aimed at helping customers keep track of and optimize their MongoDB Atlas spending. The partnership has also resulted in a new in-platform MongoDB Atlas integration feature. This feature allows customers to consume cost and usage data without any need for extra infrastructure.&nbsp;
 
</div> Analyst QuickTake: 
 MongoDB Atlas is a cloud-based database service that automates key management tasks like scaling, backup, and security, making it easier for companies to deploy and operate databases at scale. The partnership with CloudZero enables businesses to gain insights into their Atlas spending, allowing organizations to manage budgets effectively and optimize their cloud investments.

MongoDB

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless