Postgres, an open source database management system nearly 40 years old, is experiencing a surge in demand for AI applications, despite limited search and analytics capabilities.
ParadeDB, an open source Postgres extension, aims to address the search and analytics limitations within Postgres by enabling full-text search and analytics directly within the database.
Founded in 2023, ParadeDB focuses on enhancing the search functionalities of Postgres without the need to transfer data to separate sources, unlike Elasticsearch.
Recently securing a $12 million Series A funding round, ParadeDB plans to use the capital to expand its team, improve user interface, and strengthen analytics capabilities to cater to enterprise clients.