EDB growth accelerates with 65 percent increase in subscription revenue; 4,300 registrations for Postgres Vision

EnterpriseDB Powers Subscription Growth for 40th Consecutive Quarter; Signs IBM Agreement

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.

Welcoming EnterpriseDB to the Portfolio

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 Invests in EnterpriseDB

Catalyst Investors partnered with Great Hill Partners to acquire EnterpriseDB, the leading database management system for PostgreSQL.