Neo4j secured $30 million from existing shareholders.
Neo4j, a Malmö, Sweden-based SAAS developer of a graph platform, announced that it secured a funding round of $30 million.
The money was raised from existing investors led by One Peak Partners.
Neo4J, founded in 2017 by CEO Emil Eifrém, Johan Svensson and Peter Neubauer, developed a SAAS graph database sold to companies in order to show how people, processes, locations and systems are interrelated. The company, which has moved its HQ in the USA, has more than 300 customers, including Airbus, Comcast, eBay, NASA, Volvo, UBS and Walmart.
Neo4J previously raised more than $160 million, last round in 2018, when it announced closing a $80M series E round.