S
Swarm64
Other B2B Software · Berlin, Germany · Founded 2013
Develops hardware for open source databases MoreLess
Swarm64 operated as a specialized developer of database acceleration technology, primarily focusing on enhancing the open-source PostgreSQL database system. The company was established in 2013 by Eivind Liland, Alfonso Martinez, and Thomas Richter, who brought together expertise in database software and parallel processing. The firm's core mission was to address performance limitations in PostgreSQL, especially for analytics, data warehousing, and real-time data processing workloads.
The company's main offering was a database accelerator that initially leveraged Field-Programmable Gate Array (FPGA) hardware to significantly boost query performance and data handling speeds. This technology worked by offloading processing tasks from the CPU to the FPGA, enabling massively parallel processing of writing, reading, filtering, and compressing data within the database. This approach allowed businesses to use the cost-effective and widely adopted PostgreSQL for demanding applications typically reserved for more expensive, proprietary data warehouse systems. Benchmark tests demonstrated substantial improvements, such as up to 50x faster queries and a 5x reduction in data storage space. In 2020, Swarm64 pivoted to also offer a software-only version of its accelerator, making the performance enhancements accessible without specialized hardware.
Swarm64's business model included selling its accelerator software and providing performance engineering support, with pricing that varied from free tiers to monthly fees based on CPU cores. The company targeted clients looking to modernize data warehouses, scale analytic applications, and analyze high-velocity data streams for use cases like IoT, interactive dashboards, and geospatial analysis. Over its history, Swarm64 secured significant venture capital funding, raising a total of $21.2 million over four rounds from investors including Intel Capital, Investinor, Target Partners, and Xilinx. A key milestone was the Series B funding round of $12.5 million in 2018. The company's journey culminated in its acquisition by ServiceNow in August 2021, a move intended to integrate Swarm64's database performance and scalability expertise into ServiceNow's Now Platform. Keywords: PostgreSQL acceleration, database performance, FPGA accelerator, data warehousing, real-time analytics, open-source database, SQL acceleration, data insertion, columnar indexing, parallel processing, data compression, database scalability, hybrid transactional/analytical processing, HTAP, query optimization, big data analytics, PostgreSQL extension, Intel Capital, Xilinx, ServiceNow acquisition, Eivind Liland, Thomas Richter
Company overview
Swarm64 company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2013
- Headquarters
- Berlin, Germany
- Employees
- 2
- Open positions
- None listed
- Dealroom signal
- 58.8
Valuation & funding
Swarm64 funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Aug 2021 | $0 | — | ServiceNow | — |
| SERIES B✓Equity / VC | Jan 2018 | $13M | $50M | Alliance VC · Intel Capital · Investinor · Target Partners | ↗ |
| SERIES A✓Equity / VC | Sep 2015 | $7.8M | $31M | Investinor · Target Partners · Alliance VC | ↗ |
| SEED✓Equity / VC | Aug 2013 | $616K | $2.5M | Arne Graee · SPRINGfondet | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
Growth signals
Swarm64 website traffic
Latest recorded traffic for Swarm64 is 130 monthly website visits, down 90% over the last three months. Swarm64's team grew 0% over the past year.
Comparisons
Swarm64 compared with similar companies
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Talent graph
Swarm64's talent
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Global footprint
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team presence
In the news
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Market sentiment
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