Dublin-based open-source data collaboration tool, TerminusDB has raised €3.6 million in seed round.
The new funding is expected to double the firms headcount to 22, as well as grow the user base and further develop new offerings.
A spinout of Trinity College Dublin, TerminusDB has had approximately 150,000 downloads of their software since going open-source at the beginning of 2020. 1,500 of which are using the firm’s SaaS offering, and are reporting the onboarding of a number of enterprise level clients.
At its core, TerminusDB is a collaborative data integration tool. The platform allows users to share, build and integrate databases across teams and the wider world. The complimentary commercial data collection platform, TerminusHub then allows team members, regardless of location, access to the latest updates of these data integrations.
“Funding from such high-quality investors is an endorsement of TerminusDB’s technology and approach. We have invested in our product and are growing a vibrant community of Terminators,” comments TerminusDB CEO Kevin Feeney. Dublin-based, open-source collaborative database SaaS TerminusDB raises €3.6 million in seed round