February 5, 2024
Featured
Nile on rethinking databases for a better developer experience when building SaaS apps:
We started thinking about what an ideal database for SaaS will look like. What foundational elements would it require? How can we create a fully integrated solution that simplifies the development and scaling of SaaS while also offering the flexibility for developers to integrate with their preferred tools? We picked Postgres as our foundational database. We built tenant virtualization into it, allowing many virtual tenant databases to be placed on physical Postgres databases. We built a single database experience to interact with all these virtual tenant DBs. This was a powerful primitive that provided world-class developer experience and helped solve all the tenant management problems. These virtual tenant DBs are isolated, have their own backups, can be placed on multi-tenant or dedicated infrastructure, and can be deployed to any location worldwide.
[ Introducing Nile, Serverless Postgres for modern SaaS ]
Funding
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Align AI | $3.5m | Venture | Website | Announcement
Align AI (also known as Coxwave) helps teams analyze conversational data from their LLM-powered apps. Developers can use one of the platform's SDKs to ingest conversational data and pipe it into Align AI's analytics engine.
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Inngest | $6.1m | Venture | Website | Announcement
Inngest is a platform for building and running serverless jobs and workflows without needing to manage new infrastructure. It includes powerful SDKs for adding serverless functionality (retries, concurrency, batching) and a local development environment.
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p0 | $6.5m | Seed | Website | Announcement
p0 is a platform that helps teams scan their application endpoints and identify security risks. After connecting a GitHub account, the company uses AI to automatically perform static application security testing.
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Nile | $11.6m | Seed | Website | Announcement
Nile is a serverless Postgres database designed for modern SaaS applications. It focuses on enabling multi-tenancy (i.e. a workspace in your product that contains a group of users, like a company), which allows developers to isolate and optimize their app at the workspace-level.
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Metronome | $43m | Series B | Website | Announcement
Metronome is a usage-based billing platform that helps developers to convert customer usage events into billing metrics. It's used to build anything that relies on metering — devtools, infrastructure apps, and AI platforms.
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Codeium | $65m | Series B | Website | Announcement
Codeium is an AI code generation tool that integrates directly with more than forty code editors and IDEs. Compared to GitHub Copilot, Codeium is free for individuals, less expensive for teams, and available across more platforms.
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