Eifrem: Only 5 modern NoSQL database companies have crossed $100M ARR
Emil Eifrem · Fireside Chat: Emil Eifrem (Co-Founder & CEO, Neo4j) with Matt Turck (Partner, FirstMark) · Feb 7, 2022 · at 2:20
Emil Eifrem is the co-founder and CEO of Neo4j. He discusses the competitive landscape and milestones among modern operational database platforms.
0:00 / 0:18exact quote · 18.4s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“There's five database companies that have crossed a hundred million, right, of the, kind of the, let's call it the NoSQL crowd, or like modern operational database companies. It's, You know, Mongo, and then it's us and Redis. We're on that kind of Mongo path. And then there's Couchbase and data stacks”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Emil Eifrem
Eifrem: Neo4j powers 99% of all flight ticket route calculations
“99% of all flight ticket calculations, so which route should I go from point A to point B when I fly from Paris to New York? Is that a direct flight or connecting Heathrow? Like, how do I get there, right? Is done with Neo for J. 99% of our airfare.”
Eifrem: Neo4j is frequently 1,000 times faster for connected data queries
“We've optimized every layer in the stack of the database architecture completely around connected data. We're not built on top of a different database or anything. It's a native architecture. And that means that if you want to query along how things are connec…”
Eifrem: Graph databases could become a $20B to $40B market
“Databases is the biggest market in all enterprise software. It'll soon be a hundred billion dollar market. I think graph databases can be a significant chunk of that, 20, 30, forty billion dollar, right?”
Eifrem: Neo4j's 2021 funding round valued the company over $2B
“We raised this round, you know, last summer, and it's the first time that we went out with some numbers, like the valuation for the first time, which was north of north of two billion. And there's actually the largest round in database history, right?”
Eifrem: GQL standard query language is 98% identical to Cypher
“For the first time ever, In the history of databases, the SQL committee looked at Cypher, looked at graph databases, and then said, you know what? This category is here to last. This is an actual sibling to SQL, and they created the GQL query language, which i…”