Company Overview
Snapshot
Founded in April 2021 by Matan Nataf and Tal Tamir, Rapydo operates with 11–50 employees. The company has raised $7.5M across one funding round from 3 investors. In June 2021, Rapydo secured its Seed funding round.
Business overview
Rapydo is a cloud-based platform designed to enhance the performance and cost-efficiency of cloud SQL queries for SaaS companies. Its core technology utilizes AI-based caching algorithms to automatically manage cache, thereby reducing the load on databases and allowing DevOps teams to decrease database size. Rapydo serves the business software sector, specifically targeting enterprises within IT, R&D, and data solutions, enabling them to optimize database performance and scalability.
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- When was Rapydo founded?
- Rapydo was founded in April 2021 by Matan Nataf and Tal Tamir.
- What is Rapydo's primary business focus?
- Rapydo provides a cloud-based platform that accelerates cloud SQL queries at scale and cost-effectively for SaaS companies, using AI-based caching algorithms.
- What is Rapydo's total disclosed funding?
- Rapydo has raised a total of $7.5M in disclosed funding, secured in a Seed round in June 2021.
- Which investors participated in Rapydo's Seed round in June 2021?
- In June 2021, Rapydo secured Seed funding from investors including Avishag Bohbot.