PgEdge Secures Strategic Investments from Akamai, QRT

pgEdge, a Virginia-based startup specializing in distributed PostgreSQL solutions, has secured strategic investments from Akamai Technologies and Qube Research & Technologies, raising total seed funding to $23 million. The company aims to enhance its distributed PostgreSQL technology, which is known for delivering high availability and low latency for mission-critical applications. pgEdge's unique multi-master replication technology allows for geo-distributed databases, making it suitable for edge computing and edge AI applications. CEO Phillip Merrick expressed excitement about the partnership with Akamai and the continued support from existing investors. Akamai's chief architect noted the synergies between the two companies, emphasizing the value of pgEdge's offerings at the network edge. The funding will help pgEdge accelerate its growth and innovation efforts in the database management space.