Tech Company Financing Transactions
OtterTune Funding Round
Intel Capital, Race Capital and Accel Partners invested in a $12 million Series A funding round for OtterTune. The round was recorded on 5/10/2022.
Transaction Overview
Company Name
Announced On
5/10/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Intel Capital (Lead Investor) (Nick Washburn)
Race Capital (Lead Investor) (Alfred Chuang)
Proceeds Purpose
The company will use the new round of funding to expand its engineering team and build support for additional databases on other cloud platforms as well as innovating additional autonomous optimization features.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
1339 Squirrel Hill Ave.
Pittsburgh, PA 15217
USA
Pittsburgh, PA 15217
USA
Phone
Undisclosed
Website
Email Address
Overview
OtterTune was founded by database management systems and machine learning researchers from Carnegie Mellon University. We are on a mission to help people save money and lower stress by making database management systems autonomous and self-driving.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Andy Pavlo
Co-Founder
Dana Van Aken
Co-Founder
Bohan Zhang
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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