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

When it comes to the world of venture-backed startups, some issues are universal, and some are very dependent on where the startups and its backers are located. It’s something we…

The ups and downs of investing in Europe, with VCs Saul Klein and Raluca Ragab

Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. OpenAI announced this week that…

Scarlett Johansson brought receipts to the OpenAI controversy

Accurate weather forecasts are critical to industries like agriculture, and they’re also important to help prevent and mitigate harm from inclement weather events or natural disasters. But getting forecasts right…

Deal Dive: Can blockchain make weather forecasts better? WeatherXM thinks so

pcTattletale’s website was briefly defaced and contained links containing files from the spyware maker’s servers, before going offline.

Spyware app pcTattletale was hacked and its website defaced

Featured Article

Synapse, backed by a16z, has collapsed, and 10 million consumers could be hurt

Synapse’s bankruptcy shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble. 

11 hours ago
Synapse, backed by a16z, has collapsed, and 10 million consumers could be hurt

Sarah Myers West, profiled as part of TechCrunch’s Women in AI series, is managing director at the AI Now institute.

Women in AI: Sarah Myers West says we should ask, ‘Why build AI at all?’

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 and publishers are partners of convenience

Evan, a high school sophomore from Houston, was stuck on a calculus problem. He pulled up Answer AI on his iPhone, snapped a photo of the problem from his Advanced…

AI tutors are quietly changing how kids in the US study, and the leading apps are from China

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Well,…

Startups Weekly: Drama at Techstars. Drama in AI. Drama everywhere.

Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we approach the halfway point of the year. 2024 delivered four venture-backed tech…

From Plaid to Figma, here are the startups that are likely — or definitely — not having IPOs this year

Federal safety regulators have discovered nine more incidents that raise questions about the safety of Waymo’s self-driving vehicles operating in Phoenix and San Francisco.  The National Highway Traffic Safety Administration…

Feds add nine more incidents to Waymo robotaxi investigation

Terra One’s pitch deck has a few wins, but also a few misses. Here’s how to fix that.

Pitch Deck Teardown: Terra One’s $7.5M Seed deck

Chinasa T. Okolo researches AI policy and governance in the Global South.

Women in AI: Chinasa T. Okolo researches AI’s impact on the Global South

TechCrunch Disrupt takes place on October 28–30 in San Francisco. While the event is a few months away, the deadline to secure your early-bird tickets and save up to $800…

Disrupt 2024 early-bird tickets fly away next Friday

Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2 billion valuation;…

Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns

If raised, this new fund, the firm’s third, would be its largest to date.

Harlem Capital is raising a $150 million fund

About half a million patients have been notified so far, but the number of affected individuals is likely far higher.

US pharma giant Cencora says Americans’ health information stolen in data breach

Attention, tech enthusiasts and startup supporters! The final countdown is here: Today is the last day to cast your vote for the TechCrunch Disrupt 2024 Audience Choice program. Voting closes…

Last day to vote for TC Disrupt 2024 Audience Choice program

Featured Article

Signal’s Meredith Whittaker on the Telegram security clash and the ‘edge lords’ at OpenAI 

Among other things, Whittaker is concerned about the concentration of power in the five main social media platforms.

2 days ago
Signal’s Meredith Whittaker on the Telegram security clash and the ‘edge lords’ at OpenAI 

Lucid Motors is laying off about 400 employees, or roughly 6% of its workforce, as part of a restructuring ahead of the launch of its first electric SUV later this…

Lucid Motors slashes 400 jobs ahead of crucial SUV launch

Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Walmart-owned Indian e-commerce startup. The Android-maker will also provide Flipkart with cloud offerings as…

Google invests $350 million in Indian e-commerce giant Flipkart

A Jio Financial unit plans to purchase customer premises equipment and telecom gear worth $4.32 billion from Reliance Retail.

Jio Financial unit to buy $4.32B of telecom gear from Reliance Retail

Foursquare, the location-focused outfit that in 2020 merged with Factual, another location-focused outfit, is joining the parade of companies to make cuts to one of its biggest cost centers –…

Foursquare just laid off 105 employees

“Running with scissors is a cardio exercise that can increase your heart rate and require concentration and focus,” says Google’s new AI search feature. “Some say it can also improve…

Using memes, social media users have become red teams for half-baked AI features

The European Space Agency selected two companies on Wednesday to advance designs of a cargo spacecraft that could establish the continent’s first sovereign access to space.  The two awardees, major…

ESA prepares for the post-ISS era, selects The Exploration Company, Thales Alenia to develop cargo spacecraft

Expressable is a platform that offers one-on-one virtual sessions with speech language pathologists.

Expressable brings speech therapy into the home

The French Secretary of State for the Digital Economy as of this year, Marina Ferrari, revealed this year’s laureates during VivaTech week in Paris. According to its promoters, this fifth…

The biggest French startups in 2024 according to the French government

Spotify is notifying customers who purchased its Car Thing product that the devices will stop working after December 9, 2024. The company discontinued the device back in July 2022, but…

Spotify to shut off Car Thing for good, leading users to demand refunds

Elon Musk’s X is preparing to make “likes” private on the social network, in a change that could potentially confuse users over the difference between something they’ve favorited and something…

X should bring back stars, not hide ‘likes’

The FCC has proposed a $6 million fine for the scammer who used voice-cloning tech to impersonate President Biden in a series of illegal robocalls during a New Hampshire primary…

$6M fine for robocaller who used AI to clone Biden’s voice