PORTLAND, Oregon - Hydrolix Inc., a pioneering cloud database platform designed to transform the data economy, announced today that it has successfully raised $20 million in its Series A funding round. The investment was led by Nava Ventures, with participation from Oregon Venture Fund, AV8 Ventures, S3 Ventures, and Wing Venture Capital.

Hydrolix is headquartered in Portland, Oregon, and is at the forefront of the technology, information, and internet industry. With its innovative approach, Hydrolix offers a one-of-a-kind solution for enterprises seeking to unlock the full potential of their data while minimizing costs.

Leveraging real-time data Observability, Hydrolix's cloud database platform empowers businesses to harness their data without limitations. The company's enterprise-ready solution enables hyper-efficient data ingestion at any scale, advanced visualization dashboards, lightning-fast query performance, extensive data retention, and substantial cost savings compared to other existing services and platforms.

"We are thrilled to secure $20 million in Series A funding," said Marty Kagan, Co-Founder of Hydrolix Inc. "This investment will significantly propel our mission to change the economics of big data. With the support of our exceptional investors, we are well-positioned to continue delivering cutting-edge technology and remarkable value to our customers."