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INTERNET | Internet Software & Services / Database Management
bitnine.net

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Partners & Customers

2

About Bitnine

Bitnine (KOSDAQ: 357880) is the developer of AgensGraph, a multi-model graph database management solution for the modern complex data environment. It enables developers to integrate the legacy relational data model and the graph data model into one database. SQL query and Cypher query can be integrated into a single query in AgensGraph.

Bitnine Headquarter Location

3945 Freedom Cir. #260

Santa Clara, California, 95054,

United States

(408) 352-5165

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Bitnine Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Bitnine Rank

Latest Bitnine News

Bitnine Successfully Turns to Operating Profit

Mar 23, 2022

March 23, 2022 09:00 AM Eastern Daylight Time SEOUL, South Korea--( BUSINESS WIRE )-- Bitnine Global Inc. (KOSDAQ: 357880), a graph database R&D company, announced on the 16th of February that its sales on a consolidated basis in 2021 were the highest of USD 15M, and increased by 42% compared to a year earlier through the disclosure system of the Korean stock market (dart). Bitnine is the world’s first graph DB company listing on the stock market last November. Bitnine has succeeded in turning to an operating profit worth USD 1M. The figure is considered to be satisfactory compared to competitors in the global market, which maintain their business only by raising the funds. Bitnine clarified that its performance has been largely driven by the increase in sales of graph technology-based services with high margins, from the license sales of Graph DB solutions. In addition, increased demand from finance, telecommunication, manufacturing, public service, and entertainment sectors was also identified as a major factor. Bitnine is expected to continue its robust performance in the future. Bitnine, positioning itself as the only graph database company, has been a dominant market player in the Korean market. In addition, as the result of increasing use cases of graph DB, its overall market has been on the rise rapidly. Bitnine is competitive enough to rival its global competitors. In terms of operating profit, earnings and capacity, Bitnine is particularly prominent. Compared to its sales of USD 15M, the market cap of Bitnine, USD 148M, is an undervalued figure. Even considering the market value of the graph DB industry worth billions of dollars, Bitnine’s growth outlook seems much brighter than it seems. Bitnine CEO CheolSun Kang said, "Bitnine’s unique technological competitiveness and value result in the improvement in business performance.” He added, “Bitnine will make continuous efforts to enhance its performance with the strategy of targeting the Korean market, and expand its presence in the global market.” Meanwhile, Bitnine has already set up the R&D center and global business HQ in San Francisco Bay Area, the USA in 2015. Moreover, it has established itself as a competitive technology company on the global stage. Bitnine’s solutions and services are being deployed by Korea’s leading public and private companies, and global companies as well such as Intel and Verizon. Contacts

Bitnine Acquisitions

1 Acquisition

Bitnine acquired 1 company. Their latest acquisition was Jedai Ventures on December 14, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/14/2021

$99M

Corporate Majority

2

Date

12/14/2021

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Corporate Majority

Sources

2

Bitnine Partners & Customers

2 Partners and customers

Bitnine has 2 strategic partners and customers. Bitnine recently partnered with Datametrex AI on November 11, 2017.

Date

Type

Business Partner

Country

News Snippet

Sources

11/21/2017

Partner

Canada

Datametrex Blockchain Creates Joint Venture With Bitnine

21 , 2017 -- Datametrex AI Limited is pleased to announce that its solely owned subsidiary , Datametrex AI Limited , has signed a formal agreement to create a Joint Venture with San Francisco , California , based Bitnine Global Inc. .

3

11/21/2017

Partner

Canada

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10

Date

11/21/2017

11/21/2017

Type

Partner

Partner

Business Partner

Country

Canada

Canada

News Snippet

Datametrex Blockchain Creates Joint Venture With Bitnine

21 , 2017 -- Datametrex AI Limited is pleased to announce that its solely owned subsidiary , Datametrex AI Limited , has signed a formal agreement to create a Joint Venture with San Francisco , California , based Bitnine Global Inc. .

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Sources

3

10

Bitnine Team

1 Team Member

Bitnine has 1 team member, including current Chief Executive Officer, Cheolsun Kang.

Name

Work History

Title

Status

Cheolsun Kang

IBM, and LG CNS

Chief Executive Officer

Current

Name

Cheolsun Kang

Work History

IBM, and LG CNS

Title

Chief Executive Officer

Status

Current

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