Search company, investor...

Founded Year

2019

Stage

Series C | Alive

Total Raised

$100M

Last Raised

$60M | 2 yrs ago

About Materialize

Materialize operates as a software development company. It offers a structured query language (SQL) streaming database for building internal tools, interactive dashboards, and customer-facing experiences. The company was founded in 2019 and is based in New York, New York.

Headquarters Location

436 Lafayette Street Floor 6

New York, New York, 10003,

United States

(917) 703-0647

Loading...

Loading...

Latest Materialize News

Materialize Makes Using Real-Time Data as Simple as Batch With New Distributed Streaming Database

Oct 4, 2022

Share Materialize announced early availability of its distributed streaming database, which enables immediate, widespread adoption of real-time data for applications, business functions, and other data products. In an industry first for streaming data, Materialize delivers in a single platform the separation of storage and compute, strict-serializability, active replication, horizontal scalability and workload isolation — all through a simple SQL interface available as a fully-managed cloud service. Materialize is now the fastest way to build products with streaming data, drastically reducing the time, expertise, cost and maintenance traditionally associated with implementation of real-time features. Until now, adopting real-time data has come with sky-high development costs and extreme complexity in implementation, yet still lacks the capabilities necessary to truly productionalize the resulting data products. However, working with streaming data is no longer a nice-to-have for high-performing companies, and in the next decade, companies will have to work with a real-time first approach to their data. Materialize, for the first time, gives users all the power of streaming data with the same simplicity and low implementation cost as batch cloud data warehouses. “Materialize is one of the highest-leverage solutions available in the streaming space,” said Jared Noynaert , Vice President, Data and Analytics at Crane Worldwide. “With the added persistence, high availability, decoupled storage and compute, and improved ergonomics, Materialize delivers the right abstraction at the right time.” Materialize’s PostgreSQL-compatible interface lets users leverage the tools they already use, with unsurpassed simplicity enabled by full ANSI SQL support. It allows developers and data teams to build customer-facing workflows, data engineers to build data applications, and analytics engineers to perform streaming analytics, leveraging integrations with powerful platforms like dbt. Materialize gives developers results that are always up-to-date, enabling them to quickly build automated, low-latency applications downstream. New innovations announced today include: Availability as a fully-managed cloud-native software-as-a-service platform Elastic storage (AWS S3), separated from compute increases scalability and availability while reducing costs Strict-serializability eliminates stale data and enables strong consistency guarantees Multi-way complex joins supports stream-to-stream, stream-to-table, table-to-table, and more, all in standard SQL Horizontal scalability leverages Timely Dataflow to let users handle large, fast-scaling workloads Active replication enables users to spin up multiple clusters with the same workload for high-availability Workload isolation enables users to spin up multiple clusters with different workloads while still leveraging shared elastic-storage, enabling collaboration without worrying about interference Related Posts “By abstracting away the tedious stream processing work and allowing both data and software engineers to focus on logic in SQL, we help them create customizable, powerful data experiences, quickly, easily, and cost-effectively,” said Materialize Co-founder and Chief Scientist Frank McSherry. “Real-time products haven’t been impossible to implement, they’ve just been extremely difficult, due to the need for custom development and ongoing maintenance. Standard SQL significantly lowers the bar to engagement and should be sufficient for all but the most complex use cases, enabling valuable engineering resources to be applied to the most sophisticated challenges.” Using standard ANSI SQL and looking and acting like a Postgres database, Materialize, which is built atop Timely Dataflow and Differential Dataflow: Incrementally maintains the results of SQL queries as materialized views, in-memory or on cloud storage, providing millisecond-level latency on complex transformations, joins, or aggregations. Ingests data from multiple sources, including relational databases, event streams, and data lakes before transforming or joining data using the same complex SQL queries used with batch data warehouses. Builds materialized views and incrementally updates the results of as source data changes, rather than computing the answer to a query from scratch every time like a traditional database. Users may either query the results for fast, high-concurrency reads, or subscribe to changes for pure event-driven architectures. “We believe in a future where the default for developers and data teams will be working with data in real-time,” said Arjun Narayan, CEO of Materialize. “The availability of this streaming database platform will help accelerate a migration from batch to real-time in the same way that we saw an enormous shift from on-premises infrastructure to the cloud. Materialize enables companies to not just be data-driven, but to be event-driven, and we provide a critical building block in the creation of these event-driven businesses. If you need to build something real-time, you should build with Materialize first.”

Materialize Frequently Asked Questions (FAQ)

  • When was Materialize founded?

    Materialize was founded in 2019.

  • Where is Materialize's headquarters?

    Materialize's headquarters is located at 436 Lafayette Street, New York.

  • What is Materialize's latest funding round?

    Materialize's latest funding round is Series C.

  • How much did Materialize raise?

    Materialize raised a total of $100M.

  • Who are the investors of Materialize?

    Investors of Materialize include Lightspeed Venture Partners, Kleiner Perkins Caufield & Byers, Logan Bartlett, Redpoint Ventures and 8VC.

  • Who are Materialize's competitors?

    Competitors of Materialize include DataStax and 5 more.

Loading...

Compare Materialize to Competitors

Nstream Logo
Nstream

Nstream enables organizations to build open-source, full-stack applications directly on top of streaming data, providing real-time insights that organizations can take action on instantly. It was formerly known as Swim. It was founded in 2015 and is based in Campbell, California.

Cockroach Labs Logo
Cockroach Labs

Cockroach Labs offers cloud-native, distributed structured query language (SQL) databases. It enables developers to build scalable applications for data center-scale outages. The company was founded in 2015 and is based in New York, New York.

D
Data Pipeline

Data Pipeline is a technology company that specializes in real-time data integration and fusion in the data management industry. The company offers a platform that supports the fusion of heterogeneous data, enabling accurate and automated semantic mapping between different data types, and catering to both real-time and batch data processing. Data Pipeline primarily serves sectors such as finance, energy, retail, real estate, manufacturing, internet, education, and healthcare. It was founded in 2016 and is based in Beijing, Beijing.

ClickHouse Logo
ClickHouse

ClickHouse provides an open-source, column-oriented online analytical processing (OLAP) database management system. It allows users to generate analytical reports using structured query language (SQL) queries. The company was founded in 2021 and is based in Mountain View, California.

Klarrio Logo
Klarrio

Klarrio is a cloud-native services integrator. It specializes in internet of things platforms, big data, analytics, new data governance, and go-to-market deployments. It provides services in three areas, such as data engineering and DevOps, data science and analytics, and site reliability engineering. It specializes in providing cloud-based streaming solutions to organizations with complex integration requirements and massive volumes of bidirectional data flow. It was founded in 2016 and is based in Antwerp, Belgium.

Rockset Logo
Rockset

Rockset provides a platform for indexing databases. It builds real-time converged indexes on transactional data from other databases and event data from streams and supports schemaless ingest built-in transformations, and declarative structured query language (SQL). It is used for building data applications that make intelligent decisions on real-time data. It was founded in 2016 and is based in San Mateo, California.

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.