When was PingCAP founded?

PingCAP was founded in 2015 and became a unicorn in 2021, reaching the milestone in 6 years. It raised its 1st funding round 1 year after its incorporation.

Where is PingCAP located?

PingCAP is headquartered in Sunnyvale, United States. It is registered at 1250 BORREGAS AVE OFC 131,SUNNYVALE,CA,94089.0,0.

How many employees does PingCAP have?

As of Apr 30, 2026, the latest employee count at PingCAP is 501.

Is PingCAP a funded company?

PingCAP is a funded company, having raised a total of $342M across 5 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Series A round on Sep 2016.

How much is PingCAP worth?

The latest valuation of PingCAP is $3B as of Jul 21, 2021.

When was the latest funding round of PingCAP?

PingCAP's latest funding was a Series D round on Jul 21, 2021, with participation from 3 investors.

Is PingCAP a Big Data Infrastructure company?

The primary sectors of PingCAP are Big Data Infrastructure, Database Technology and Open Source.

Where does PingCAP rank among its competitors?

PingCAP ranks 3rd amongst 21 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was LeanXcale, which secured an undisclosed amount in Jan, 2024.

Who are the top competitors of PingCAP?

PingCAP's top competitors include SingleStore, Cockroach Labs and NuoDB. Among them, LeanXcale secured the most recent funding round in January, 2024.

PingCAP - 2026 Company Profile, Team, Funding & Competitors

Company Details

Cloud-based platform offering distributed NewSQL databases. It provides features such as scalability, consistency, and distributed transaction support. It combines the advantages of RDBMS and NoSQL. It supports horizontal telescoping, high availability and strong consistency, and online schema changes. Its communication protocol is compatible with MySQL protocol. It also provides both online and off-site data migration. It is the tool available on the subscription-based pricing model.

Website: www.pingcap.com/
Social
Email ID: *****@pingcap.com
Phone Number: +1 **********
Registered Address: 1250 BORREGAS AVE OFC 131,SUNNYVALE,CA,94089.0,0

Key Metrics

Founded Year

2015

Location

Sunnyvale, United States

Stage

Series D

Total Funding

$342M in 5 rounds

Latest Funding Round

Series D, Jul 21, 2021, Undisclosed

Post Money Valuation

$3B as on Jul 21, 2021

Investors

5Y Capital & 25 more

Ranked

3^rd among 21 active competitors

Employee Count

501 as on Apr 30, 2026

Similar Companies

MongoDB & 173 more

View PingCAP's full profile

PingCAP is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PINGCAP (US), INC. CIN: 32085293747 , United States, Active		-	-	-

PingCAP has raised a total funding of $342M over 5 rounds. Its first funding round was on Sep 2016. Its latest funding round was a Series D round on Jul 21, 2021 for an undisclosed amount. 3 investors participated in its latest round. PingCAP has 26 institutional investors.

Here is the list of recent funding rounds of PingCAP:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 21, 2021	Undisclosed	Series D	$3B	-	GIC, Future Capital, Sequoia Capital China	-
Nov 17, 2020	$270M	Series D	$3B	-	GGV Capital, Access Technology Ventures, Jeneration, Anatole Investment Management, 5Y Capital	FutureX Capital, Yunqi Partners, Coatue, Trustbridge Partners, Matrix, Bertelsmann Investments, Kunlun Capital
Sep 11, 2018	$50M	Series C	-	-	Fosun, 5Y Capital	Yunqi Partners, Matrix Partners China, Hua Chuang Capital

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View details of PingCAP's funding rounds and investors

The founders of PingCAP are Ed Huang and Dylan Cui.

Here are the details of PingCAP's key team members:

Ed Huang: Co-Founder & CTO of PingCAP and founder of 1 other company. They are also an angel investor in 1 startup.
Dylan Cui: Co-Founder of PingCAP and founder of 1 other company.

View details of PingCAP's Founder profiles and Board Members

PingCAP's employee count trend

PingCAP has 501 employees as of Apr 26. Here is PingCAP's employee count trend over the years:

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Top competitors of PingCAP include SingleStore, Cockroach Labs and NuoDB. Here is the list of Top 10 competitors of PingCAP, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SingleStore 2011, San Francisco (United States), Acquired	Provider of cloud based relational database for enterprises	$558M	Goldman Sachs, Insight Partners & 35 others	74/100
2nd	Cockroach Labs 2015, New York City (United States), Series F	Developer of a distributed SQL database designed for mission-critical applications	$633M	Altimeter Capital, Tiger Global Management ... & 20 others	65/100
3rd	PingCAP 2015, Sunnyvale (United States), Series D	Cloud-based platform offering distributed NewSQL databases	$342M	Access Industries, GIC & 24 others	64/100
4th	NuoDB 2010, Cambridge (United States), Acquired	Distributed SQL database enabling scalable, resilient, and fast application deployment	$88.1M	Longworth Venture Partners, HWVP & 4 others	51/100
5th	ScaleBase 2010, Newton (United States), Acquired	AI-powered platform optimizing subscription businesses' revenue processes, from quote to cash	$10.5M	Ascent Venture Partners, Bain Capital Ventures ... & 1 others	51/100
6th	Clustrix 2006, San Francisco (United States), Acquired	Open-source database solutions for enterprise scalability, cloud, and modern applications	$75M	Sequoia Capital, ATA Ventures & 7 others	45/100
7th	SequoiaDB 2012, Shenzhen (China), Series D	Open source, document-oriented NewSQL Database	$20M	CICC Capital, Qiming Venture Partners & 3 others	41/100
8th	Starcounter 2006, Stockholm (Sweden), Public	In-memory NewSQL database with integrated application server	$1.8M	Industrifonden, EIC Fund & 1 others	38/100
9th	LeanXcale 2015, Madrid (Spain), Seed	Scalable full ACID full SQL database	-	CDTI, Bullnet Capital & 3 others	33/100
10th	Tokutek 2006, Lexington (United States), Acqui-Hired	Improved Storage Engine for MySQL, MariaDB and MongoDB	$5.8M	National Science Foundation, OSTI	31/100