Enterprise

EdgeDB wants to modernize databases for cutting-edge apps

Comment

illustration of person sitting in front of three large monitors
Image Credits: Getty Images

Databases are an essential part of doing business in the digital world, but not every organization is achieving success with them. In a 2019 Vanson Bourne survey, enterprises said that they’ve been held back by legacy database technologies — specifically relational databases systems. Relational databases weren’t designed with newer apps or the cloud in mind, the respondents said — making them sometimes difficult to adapt and work with. According to the survey, 72% of companies believe their reliance on relational databases — including architectures built around them — limits their ability to implement digital transformation projects.

Unsurprisingly, companies are increasingly embracing alternatives to relational databases, like NoSQL. Driven by a lack of scalability with legacy solutions, they’re looking for modern systems — including cloud-based systems — that support scaling while reducing costs and accelerating development. Gartner predicts that 75% of all databases will be migrated to a cloud service by 2022 — highlighting the shift.

“The database industry is facing a major shift to a new business model,” Yury Selivanov, the CEO of EdgeDB, a startup creating a next-gen database architecture, told TechCrunch via email. “It’s clear that there is a long tail of small- and medium-sized businesses that need to build software fast and then host their data in the cloud, preferably in a convenient and economical way.”

Selivanov touts EdgeDB, which he co-founded in 2019 with Elvis Pranskevichus, as one of the solutions to the legacy database problem. EdgeDB’s open source architecture is relational, but Selivanov says that it’s engineered to solve some fundamental design flaws that make working with databases — both relational and NoSQL — unnecessarily onerous for enterprises.

“EdgeDB has a very ambitious goal: re-imagine relational databases with a focus on developer experience,” Selivanov said. “We’re quite unique at that. While most database companies are concerned with scalability, we want to make actual developers vastly more productive when they build with EdgeDB compared to when they build with any other database, be it SQL or NoSQL.”

In launching EdgeDB, Selivanov and Pranskevichus drew from their experiences at MagicStack, a Toronto, Canada-based software consultancy that they helped to co-found in 2008. In 2016, after observing the database hurdles that many of MagicStack’s clients were facing, Selivanov says that he and Pranskevichus realized the path forward was to become a product company.

Version 1.0 of EdgeDB quietly launched in February, and brought with it an integrated access control system and a query language, EdgeQL, that Selivanov claims is 10 to 1,000 times faster than traditional SQL (depending on the operation). Currently in the works is EdgeDB 2.0, which will introduce a database visualization UI and experimental support for WebAssembly, the open standard for running binary programs in web browsers.

As is the case with most startups involved in open source, EdgeDB aims to make money with a managed service built on top of its GitHub-hosted codebase. The forthcoming EdgeDB Cloud will offer a “rich” graphical UI and support for terminal commands to create a cloud database instance, Selivanov says, as well as integration with the frontend web app development stack Vercel.

“Our cloud database will track slow queries and suggest how to optimize the database layout or the queries. It will offer built-in performance tracing and turnkey integration with services like DataDog,” Selivanov added. “We don’t yet have any machine learning related functionality, but we are thinking about potentially building some data science capabilities directly in our database … We don’t have any concrete plans at this point, but this is an intriguing future vertical for us.”

EdgeDB remains pre-revenue, but Selivanov expects the company to start generating cash in Q4 2022, the tentative launch window for the premium EdgeDB Cloud. To date, 10-employee, San Francisco, California-headquartered EdgeDB has raised $4 million from Accel and angel investors including Greg Brockman, a co-founder and the CTO of OpenAI.

“In some of the areas we will be competing with various companies for developers mindshare, like Prisma, Supabase and maybe PlanetScale,” Selivanov admitted when asked about who he sees as top competitors. “[But] EdgeDB’s value proposition is unique as we drastically improve database data exchange across many areas simultaneously … We already see a successful grassroot movement with people starting to build real production applications with EdgeDB. We expect the traction to accelerate as soon as we launch our cloud product and native integration with Vercel in about a month.”

More TechCrunch

The social network has announced an updated version of its app that lets you offer feedback about its algorithmic feed so you can better customize it.

Bluesky now lets you personalize its main Discover feed using new controls

Microsoft will launch its own mobile game store in July, the company announced at the Bloomberg Technology Summit on Thursday. Xbox president Sarah Bond shared that the company plans to…

Microsoft is launching its mobile game store in July

Smart ring maker Oura is launching two new features focused on heart health, the company announced on Friday. The first claims to help users get an idea of their cardiovascular…

Oura launches two new heart health features

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: OpenAI considers allowing AI porn

Garena is quietly developing new India-themed games even though Free Fire, its biggest title, has still not made a comeback to the country.

Garena is quietly making India-themed games even as Free Fire’s relaunch remains doubtful

The U.S.’ NHTSA has opened a fourth investigation into the Fisker Ocean SUV, spurred by multiple claims of “inadvertent Automatic Emergency Braking.”

Fisker Ocean faces fourth federal safety probe

CoreWeave has formally opened an office in London that will serve as its European headquarters and home to two new data centers.

CoreWeave, a $19B AI compute provider, opens European HQ in London with plans for 2 UK data centers

The Series C funding, which brings its total raise to around $95 million, will go toward mass production of the startup’s inaugural products

AI chip startup DEEPX secures $80M Series C at a $529M valuation 

A dust-up between Evolve Bank & Trust, Mercury and Synapse has led TabaPay to abandon its acquisition plans of troubled banking-as-a-service startup Synapse.

Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse

The problem is not the media, but the message.

Apple’s ‘Crush’ ad is disgusting

The Twitter for Android client was “a demo app that Google had created and gave to us,” says Particle co-founder and ex-Twitter employee Sara Beykpour.

Google built some of the first social apps for Android, including Twitter and others

WhatsApp is updating its mobile apps for a fresh and more streamlined look, while also introducing a new “darker dark mode,” the company announced on Thursday. The messaging app says…

WhatsApp’s latest update streamlines navigation and adds a ‘darker dark mode’

Plinky lets you solve the problem of saving and organizing links from anywhere with a focus on simplicity and customization.

Plinky is an app for you to collect and organize links easily

The keynote kicks off at 10 a.m. PT on Tuesday and will offer glimpses into the latest versions of Android, Wear OS and Android TV.

Google I/O 2024: How to watch

For cancer patients, medicines administered in clinical trials can help save or extend lives. But despite thousands of trials in the United States each year, only 3% to 5% of…

Triomics raises $15M Series A to automate cancer clinical trials matching

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Tap, tap.…

Tesla drives Luminar lidar sales and Motional pauses robotaxi plans

The newly announced “Public Content Policy” will now join Reddit’s existing privacy policy and content policy to guide how Reddit’s data is being accessed and used by commercial entities and…

Reddit locks down its public data in new content policy, says use now requires a contract

Eva Ho plans to step away from her position as general partner at Fika Ventures, the Los Angeles-based seed firm she co-founded in 2016. Fika told LPs of Ho’s intention…

Fika Ventures co-founder Eva Ho will step back from the firm after its current fund is deployed

In a post on Werner Vogels’ personal blog, he details Distill, an open-source app he built to transcribe and summarize conference calls.

Amazon’s CTO built a meeting-summarizing app for some reason

Paris-based Mistral AI, a startup working on open source large language models — the building block for generative AI services — has been raising money at a $6 billion valuation,…

Sources: Mistral AI raising at a $6B valuation, SoftBank ‘not in’ but DST is

You can expect plenty of AI, but probably not a lot of hardware.

Google I/O 2024: What to expect

Dating apps and other social friend-finders are being put on notice: Dating app giant Bumble is looking to make more acquisitions.

Bumble says it’s looking to M&A to drive growth

When Class founder Michael Chasen was in college, he and a buddy came up with the idea for Blackboard, an online classroom organizational tool. His original company was acquired for…

Blackboard founder transforms Zoom add-on designed for teachers into business tool

Groww, an Indian investment app, has become one of the first startups from the country to shift its domicile back home.

Groww joins the first wave of Indian startups moving domiciles back home from US

Technology giant Dell notified customers on Thursday that it experienced a data breach involving customers’ names and physical addresses. In an email seen by TechCrunch and shared by several people…

Dell discloses data breach of customers’ physical addresses

Featured Article

Fairgen ‘boosts’ survey results using synthetic data and AI-generated responses

The Israeli startup has raised $5.5M for its platform that uses “statistical AI” to generate synthetic data that it says is as good as the real thing.

1 day ago
Fairgen ‘boosts’ survey results using synthetic data and AI-generated responses

Hydrow, the at-home rowing machine maker, announced Thursday that it has acquired a majority stake in Speede Fitness, the company behind the AI-enabled strength training machine. The rowing startup also…

Rowing startup Hydrow acquires a majority stake in Speede Fitness as their CEO steps down

Call centers are embracing automation. There’s debate as to whether that’s a good thing, but it’s happening — and quite possibly accelerating. According to research firm TechSci Research, the global…

Retell AI lets companies build ‘voice agents’ to answer phone calls

TikTok is starting to automatically label AI-generated content that was made on other platforms, the company announced on Thursday. With this change, if a creator posts content on TikTok that…

TikTok will automatically label AI-generated content created on platforms like DALL·E 3

India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI (unified payments interface) payments rail by one to two years, sources…

India likely to delay UPI market caps in win for PhonePe-Google Pay duopoly