HarperDB, a distributed systems platform that combines database, caching, application, and streaming functions into a single technology for improving performance and lower cost for global backend services, announced a significant growth investment from Serent Capital.
Launched in 2017, HarperDB is on a mission to help developers deliver high-performance backend services that are simple to build and scale. Since being founded, HarperDB has enabled enterprises to achieve savings of over 50%, with some customers experiencing up to a 90% reduction in infrastructure costs.
For example, HarperDB increased API call speed by 250 times, reducing response times from 5 seconds to just 20 milliseconds. HarperDB is the only database solution that compresses the data layer, streaming systems, and API functions into one package, offering significant performance improvements for its customers.
Serent has a solid track record of backing over 60 founder-led B2B software businesses. And this investment emphasizes Serent’s commitment to supporting emerging companies and providing hands-on value to grow them into category leaders. By working with HarperDB, Serent is backing a leading IT infrastructure companies with a focus on driving technological advancements to deliver outsized value to customers through innovation.
KEY QUOTES:
“We are excited to partner with Serent in this next growth phase to enhance our offerings and empower more organizations to scale and innovate rapidly. We chose Serent for their hands-on operational engagement, deep understanding of the database market within the infrastructure software space, and their collaborative, trust-based partnership approach.”
- Stephen Goldberg, CEO and Co-Founder of HarperDB
“We are delighted to partner with Stephen, Fred, Kyle and the entire HarperDB team to support the company as it scales. HarperDB has established itself at the forefront of innovation in database management and we were impressed by their vision for the future of the market and their ability to execute against that vision. We are excited to embark on this growth journey together.”
- Kevin Frick, Partner at Serent Capital
