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Neo4j nabs $80M Series E as graph database tech flourishes

Neo4j has helped popularize the graph database. Today it was rewarded with an $80 million Series E to bring their products to a wider market in what could be the company’s last private fundraise.
The round was led by One Peak Partners and Morgan Stanley Expansion Capital with participation from existing investors Creandum, Eight Roads and Greenbridge Partners. Today’s investment exactly doubles their previous amount bringing the total raised to $160 million.
Neo4j founder and CEO Emil Eifrem didn’t want to discuss valuation, calling it essentially a vanity metric. “We’re not sharing that. I never understood that. It’s just weird bragging rights. It makes no sense to customers, and makes no sense to anyone,” he said referring to the valuation.
Neo4j nabs $80M Series E as graph database tech flourishes
Graph view of Neo4j funding rounds. Graphic: Neo4j
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