Neon nabs $30M to build a scalable cloud service for Postgres databases
TechCrunch
JULY 26, 2022
It integrates a cloud object store to push cold data to the cheapest storage medium and automatically scales down to zero on inactivity.” Research by Bain & Company, published in late 2020, found that the majority (65%) of CIOs at large organizations intend to use multiple cloud vendors.
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