AI agents are turning data infrastructure into a real-time liability—before the market prices in the cost of resilience.
Snowflake’s Select Partner Play: Capita’s Badge is a Trojan Horse for UK Public Sector Data
Zilliz's Loonatic Engine: The Storage Moat for Vector Scale
Pinecone pivots from vector retrieval to enterprise knowledge orchestration
ClickHouse pivots hard to agentic AI, betting real-time analytics are the moat
Databricks operates a unified lakehouse platform built on Apache Spark that combines data warehousing and AI capabilities.
VAST Data is an AI data platform whose AI Operating System unifies exabyte-scale storage, database, and data-engine services on a single architecture, feeding GPU clusters at the world's largest AI clouds and enterprises.
Supabase provides an open-source Firebase alternative built on Postgres with auth, storage, and real-time subscriptions.
ClickHouse commercializes the open-source OLAP database known for columnar storage and extreme query performance on large datasets.
Hightouch provides reverse ETL and customer data platform capabilities that activate warehouse data in marketing and sales tools.
Sigma Computing is a cloud-native analytics and business intelligence platform that gives business users a spreadsheet-style interface to explore live data directly in cloud warehouses like Snowflake, Databricks, and BigQuery without writing SQL.
Qdrant is an open-source vector database optimized for high-dimensional similarity search and filtering on metadata.
Cribl is a vendor-neutral telemetry data pipeline that lets enterprises route, reduce, enrich, and store observability and security data between any source and any destination.
Starburst commercializes Trino, an open-source distributed SQL query engine that federates queries across disparate data sources.
Snowflake provides a cloud-native data warehouse platform that separates compute and storage for elastic scaling.
Monte Carlo provides data observability and quality monitoring that detects, resolves, and prevents data downtime.
Airbyte provides an open-source data integration platform with community-built connectors for ELT pipelines.
Fivetran automates data pipeline creation with pre-built connectors that sync SaaS and database sources to warehouses.
Atlan is an active-metadata platform that gives enterprises a single control plane to discover, document, trace, and govern their data and AI assets across the modern data stack.
Pinecone provides a managed vector database optimized for embedding search and retrieval-augmented generation workloads.
Cockroach Labs builds CockroachDB, a distributed SQL database designed for global consistency and resilience.
MotherDuck is a serverless analytics platform built on DuckDB that enables interactive SQL analysis on cloud and local data.
Elastic builds search, observability, and security analytics platforms on top of the Elasticsearch engine.
Dremio builds a lakehouse query engine with semantic layer capabilities, optimizing SQL queries across object storage and data lakes.
Neo4j is the leading native graph database platform, pairing its Cypher query language with the AuraDB managed cloud service so enterprises can store, query, and analyze highly connected data as knowledge graphs for everything from fraud detection to GraphRAG.
Redis is the company behind the world's most popular in-memory data store, selling managed and enterprise editions of Redis for caching, real-time data, vector search, and semantic caching for AI applications.
Weaviate is an open-source vector database that integrates with machine learning models for semantic search and AI applications.
Hex is a collaborative analytics workspace that combines SQL, Python, and no-code tools for exploratory analysis and data apps.
Imply commercializes Apache Druid, a real-time analytics database optimized for sub-second queries on streaming and event data.
Redpanda is a Kafka-compatible streaming platform built in C++ that eliminates the need for ZooKeeper and JVM overhead.
SingleStore is a distributed SQL database that combines in-memory row and columnar storage for real-time analytics and transactional workloads.
Timescale builds TimescaleDB, a time-series database extension for PostgreSQL optimized for IoT, monitoring, and event data.
Zilliz is the company behind Milvus, an open-source vector database designed for billion-scale similarity search and AI applications.
Materialize provides a streaming SQL database that maintains incrementally updated materialized views over real-time data streams.
PlanetScale operates a serverless MySQL platform built on Vitess, offering branching, schema migrations, and horizontal scaling.
RudderStack is an open-source customer data pipeline that collects event data and routes it to warehouses and marketing tools.
Chroma is an open-source embedding database designed for LLM applications, emphasizing developer simplicity and Python-first APIs.
MongoDB operates a distributed document database designed for flexible schemas and developer velocity.
StarTree provides a managed cloud platform for Apache Pinot, the real-time OLAP datastore used for user-facing analytics.
Dagster is an open-source orchestrator that treats data pipelines as software, with asset-centric workflows and built-in testing.
Astronomer provides a managed platform for Apache Airflow, the open-source workflow orchestration tool for data pipelines.
Prefect is an open-source workflow orchestration platform that emphasizes dynamic, Pythonic data pipelines and observability.
LanceDB is the company behind the open-source Lance columnar format and a multimodal lakehouse that lets AI teams store, search, and train on petabytes of vectors, text, images, and video directly on object storage.
Databento delivers real-time and historical market data via modern APIs for quantitative trading and financial applications.
Striim provides real-time data integration and streaming ETL from databases, files, and applications to cloud platforms and analytics.
Oxylabs raises $130M from Warburg Pincus at a $3.6B valuation in its first outside funding round.
Nothing on the calendar yet.
The middle has hollowed out. Databricks alone raised $15B across its Series J, K, and L (December 2024 to December 2025), with ClickHouse's $400M at $15B the only other 2026-scale check. Everything else is an order smaller — Supabase's $100M, Qdrant's $50M. Annual deal count fell from 39 in 2021 to nine in 2025.
Late-stage and consolidation only: since 2025 the file shows four growth rounds, two Series Cs, one B, and two acquisitions — Databricks is the sector's most active buyer at $1B each for Tabular (2024) and Neon (2025). Seed and Series A checks have vanished entirely, after five as recently as 2023–2024.
The 2021 lead cohort has left: Sequoia (nine leads) hasn't priced a round since March 2023; Index, Altimeter, Redpoint, and Insight are gone since 2022–23. Andreessen Horowitz and Thrive co-led Databricks' $10B Series J, then went quiet. The only leads since mid-2025: Accel on Supabase, Dragoneer on ClickHouse, Advance on Qdrant.