Compose
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $420k | Seed | |
$6.0m | Series A | ||
N/A | Acquisition | ||
Total Funding | CAD8.8m |
Recent News about Compose
EditCompose.io specializes in providing high-availability (HA) cloud databases that can be deployed in seconds, catering primarily to developers and companies needing robust database solutions. The company operates in the cloud computing and database management market, offering a suite of open-source databases such as MongoDB, Elasticsearch, PostgreSQL, and Redis. Compose.io's business model revolves around a subscription-based service, starting at $17.50 per month, with additional costs for extra storage. The company generates revenue by offering a range of database management tools, including backups, monitoring, performance tuning, and encryption for data in motion and at rest. Compose.io also supports integration with IBM Key Protect for enhanced data security. The service is available on major cloud platforms like Amazon Web Services, Google Cloud Platform, and IBM Cloud, ensuring low latency and high performance. The company serves a diverse client base, from individual developers to large enterprises, providing scalable solutions that can handle various data management needs. Compose.io's competitive edge lies in its ability to offer instant deployment, multi-member high-availability setups, and a 99.95% Service Level Agreement (SLA) for uptime. The company also engages with its community through a weekly newsletter subscribed by 50,000 developers, offering insights and updates on database management and cloud computing.
Keywords: cloud databases, high-availability, instant deployment, MongoDB, PostgreSQL, Redis, IBM Cloud, AWS, data encryption, performance tuning.