SingleStore was founded by former members of Facebook and Microsoft as MemSQL in 2011. Its product was first released in 2013 under the MemSQL brand. In October 2020, the company rebranded itself to SingleStore and its product to SingleStoreDB to better reflect what it is offering: a single store (database) for all analytical and transactional data.
The company has raised $464m in venture capital and is headquartered in San Francisco, with other US offices in Sunnyvale, CA, Raleigh, NC, and Seattle, WA, as well as overseas offices in Lisbon, Hyderabad, Dublin, and Singapore, with remote workers in many other countries across the world. It combines a direct sales model with a robust partner programme that includes the big 3 clouds (AWS, Google, and Azure), hyperscalers such as Dell, HPE, and IBM, deployment partners such as Arcion, Datadog, Data-Sleek, and Twingo, and many others. The company particularly focuses on migrations from legacy databases (MySQL, PostgreSQL, Oracle, Microsoft SQL Server, Teradata, and so on) and replacement or augmentation of cloud databases (such as Snowflake, BigQuery, Databricks, and MongoDB), with which it has had significant success. Migration support is currently a service engagement.
SingleStore’s customers include fast growing startups/scale-ups as well as some of the world’s largest enterprises. Its major clients are comprised of 100+ Fortune 500, Forbes Global 2000, and Inc. 5000 brands. Deployment options include SingleStoreDB Self-Managed (on-premises/containers/Kubernetes) and a fully-managed cloud service, SingleStoreDB Cloud. In addition, a fully-featured version of the product is freely available for download, with the only restriction being the amount of in-memory capacity that is supported.