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Dameng Database
Dameng Database is a professional database products provider and technology service
About Dameng Database
Wuhan Dameng Database Co., Ltd. is a foundational software company specializing in the research, development, and sale of database management systems and related services. Its history traces back to 1992 with the establishment of the Huazhong University of Science and Technology Dameng Database Institute, the first of its kind in China. The company was officially founded in 2000 by Feng Yucai, who currently serves as the chairman. Dameng operates in the database software market, providing a suite of products to a diverse client base that includes large and medium-sized companies, government agencies, and enterprises across sectors like finance, energy, aviation, and communications.
The company's business model revolves around the sale of software licenses for its core products, alongside providing comprehensive technical support, data solutions, and operational maintenance services. Its revenue is generated from these software sales and associated services, including database all-in-one machines. A significant milestone was achieved on June 12, 2024, when Dameng became the first domestic database firm to be listed on the Shanghai Stock Exchange's STAR Market, a platform for science and technology-focused companies. The IPO was a major success, with the stock price surging significantly on its first day.
Dameng's flagship product is the DM database management system, with the latest generation being DM8. This system is engineered as a large, general-purpose relational database that supports both Online Transaction Processing (OLTP) and Online Analytical Processing (OLAP), catering to hybrid transactional/analytical processing (HTAP) needs. Key features of its product suite include various cluster software options designed for specific needs: DMDSC for data sharing clusters with high availability for financial-grade systems, DMMPP for large-scale parallel processing in data warehousing, DMDataWatch for high-availability disaster recovery, and DMRWC for read/write separation to improve system throughput. These products are designed with a high degree of compatibility with mainstream hardware, software systems, and SQL standards, facilitating smoother migration and integration for its clients.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Dec 2019 | $14M | $57M | Harvest Capital | — |
Financials
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Growth signals
Latest recorded traffic for Dameng Database is 20 monthly website visits, down 96% over the last three months. Dameng Database's team grew 0% over the past year.
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Harvest Capital
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