Catalyst portfolio company EDB, a leading contributor to PostgreSQL, achieved record growth in the first half of 2020, further showing that PostgreSQL is a centerpiece of technology strategy for an increasing number of enterprises.
Catalyst portfolio company EnterpriseDB is extending its technical support offerings to include PostgreSQL on Amazon Web Services and Microsoft Azure. The adoption of Postgres as the preferred data store for a wide array of use cases continues to grow, and there is an increasing need for enterprise-level technical support and administration on cloud computing platforms.
President and CEO of Catalyst-backed EntepriseDB Ed Boyajian talks about the sustained popularity of PostgreSQL and where it is finding new deployments.
Catalyst-backed EnterpriseDB, the enterprise Postgres company, achieved its 40th consecutive quarter of subscription growth, including 61 percent growth in annual recurring revenue. EnterpriseDB also signed a multi-year agreement with IBM to sell the EDB Postgres™️ platform, the company’s enterprise-ready version of the popular PostgreSQL database management system.
The cloud has a history of systematically entering entrenched markets and upending them, displacing legacy providers as they fail to compete on ease of use, flexibility, scalability, and pricing. Compute and storage experienced this very cloud disruption over the past decade as Amazon, Google, and Microsoft have released and continued to improve on their public cloud offerings. Companies like IBM, Dell, and HP have struggled to maintain pace with the constantly innovating and iterating public cloud providers.
Catalyst Investors partnered with Great Hill Partners to acquire EnterpriseDB, the leading database management system for PostgreSQL.