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COCKROACHDB

Netfigo Verdict
on CockroachDB

CockroachDB is named after the one creature that survives everything — which is exactly what this database does. Built by three ex-Google engineers who worked on Spanner (Google’s internal database), it’s a distributed SQL database that survives data center failures, region outages, and basically anything short of the apocalypse. $633 million raised and a $5 billion valuation. They took Google’s internal secret weapon and made it available to everyone.

Founded

2015

HQ

New York, USA

Total Raised

$633 million

Founder

Spencer Kimball, Peter Mattis, Ben Darnell

Status

Private

THE ORIGIN STORY

Spencer Kimball, Peter Mattis, and Ben Darnell worked at Google on infrastructure that powered massive distributed systems. They saw that Google’s internal database technology (Spanner) was years ahead of anything available to the rest of the world.

In 2015, they left Google to build CockroachDB — an open-source distributed SQL database that would give every company Google-grade resilience. The database automatically replicates data across multiple regions, survives node failures, and maintains consistency.

Named after the cockroach because it’s designed to be impossible to kill.

WHAT THEY ACTUALLY DO

Open-source core with a commercial cloud service. CockroachDB the database is free to self-host.

CockroachDB Dedicated and Serverless are managed cloud offerings where the company handles hosting, scaling, and operations. Pricing is based on storage, compute, and data transfer.

Enterprise features like advanced security, backup, and support require a commercial license.

THE PRODUCTS

CockroachDB — distributed SQL database. CockroachDB Dedicated — fully managed cloud database.

CockroachDB Serverless — consumption-based cloud database. Multi-region deployment with automatic data replication.

Distributed transactions with serializable isolation.

HOW THEY GREW

Open-source adoption built a developer community. Companies start with the free version, hit scale or compliance requirements, and upgrade to the commercial cloud offering.

Case studies from companies like Netflix, DoorDash, and Bose built credibility. The "survive anything" pitch resonates with companies burned by database outages.

THE HARD PART

PostgreSQL compatibility is essential but difficult to achieve perfectly. Competing with Amazon Aurora, Google Cloud Spanner, and PlanetScale for the distributed database market.

Enterprises already invested in Oracle or PostgreSQL resist migration. The database market is vast but incredibly competitive.

MONEY TRAIL

Series A

2015 · Led by Benchmark

$6M raised

Series B

2017 · Led by GV (Google Ventures)

$27M raised

Series C

2018 · Led by Greenoaks Capital

$55M raised

Series D

2020 · Led by Bond Capital

$87M raised

Series E

2021 · Led by Greenoaks Capital

$278M raised

Series F

2022 · Led by Altimeter Capital

$178M raised

$5.0B valuation

WHO BACKED THEM

Altimeter Capital led the Series F at a $5 billion valuation. Earlier investors include Tiger Global, Greenoaks Capital, Bond Capital, and Benchmark.

Total funding of $633 million.

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