San Mateo, California - June 17th, 2017 — Neo4j, the leader in graph technology, announced today a Series F funding round as part of a $325 million investment led by Eurazeo (RF:PA) with participation from GV (formerly Google Ventures). Today’s transaction represents the largest investment in a private database company and raises Neo4j’s valuation to over $2 billion. Existing investors One Peak (an investor since 2018), Creandum (an investor since 2014), and Greenbridge Partners (an investor since 2016), as well as new investors DTCP and Lightrock, also participated.

Emil Eifrem, Neo4j’s CEO and Co-Founder, characterized the news as an inflection point in the broader database market and welcomed investment partners Eurazeo, GV, DTCP, and Lightrock. “Databases constitute the largest single market in enterprise software, with growth centered in new generations of databases that address today’s data challenges in unprecedented ways,” said Eifrem. “This is a magical time in databases, presenting an opportunity for a handful of generational companies to emerge as leaders in the broader landscape. Neo4j is one of these companies, and today’s record-breaking transaction in the database space demonstrates that our new and existing investors share this belief.”

According to Gartner, “By 2025, graph technologies will be used in 80% of data and analytics innovations, up from 10% in 2021, facilitating rapid decision making across the enterprise.” Trusted by more than 800 enterprise customers, including Adobe, AstraZeneca, eBay, Levi Strauss & Co., UBS, Volvo Cars, and Walmart, Neo4j is the world’s most widely deployed graph database. Used by more than 75% of the Fortune 100, Neo4j’s graph data platform enables mission-critical workloads for the world’s largest connected data applications.

Neo4j’s market leadership is accelerating along several axes. Today’s funding fuels the company’s product innovation to provide graph technology that far exceeds the most demanding customer requirements across data science, machine learning, cloud deployment, and real-time performance.

The company plans to use the investment to accelerate along three primary dimensions:

• Cloud portfolio — Delivering a portfolio of multi-cloud services that can serve individual developers all the way through to the largest global enterprises, offering unmatched flexibility, agility, and performance at any scale.
• Graph data science — Powering a new era of intelligent applications with enhanced machine learning models to unlock otherwise unattainable predictions based on relationships.
• Market reach — Expanding Neo4j’s global footprint, and growing the company’s ecosystem of complementary technologies and expert service providers, in order to deliver complete solutions and accelerate customer success.

Neo4j is recognized as a Leader in The Forrester Wave™: Graph Data Platforms, Q4 2020. Of the 12 graph data platform providers cited, Neo4j achieved the highest scores in the current offering and strategy categories. For more information about what Neo4j’s funding announcement means to its customers, the developer community, and the database industry, view Emil Eifrem’s blog post, Neo4j Raises the Largest Funding Round in Database History.

About Neo4j

Neo4j is the leader in graph database technology. As the world’s most widely deployed graph database, we help global brands — including Comcast, NASA, UBS, and Volvo Cars — to reveal and predict how people, processes, and systems are interrelated. Using this relationships-first approach, applications built with Neo4j tackle connected data challenges such as analytics and artificial intelligence, fraud detection, real-time recommendations, and knowledge graphs.

To learn more, visit www.neo4j.com.