On June 12, 2024, HarperDB, a leading distributed systems platform that combines database, caching, application, and streaming functions into a single technology to improve performance and lower cost for global backend services, announced a significant growth investment from Serent Capital, a growth-focused private equity firm that invests in founder-led B2B SaaS and technology companies. Wilson Sonsini Goodrich & Rosati advised Serent Capital on the transaction.
Founded in 2017, HarperDB is on a mission to help developers deliver high-performance backend services that are simple to build and scale. Through partnering with Serent Capital, HarperDB aims to enhance its offerings and expand its impact in the market, supported by Serent Capital's deep understanding of the database market and strong track record in growing B2B software businesses.
The Wilson Sonsini team that advised Serent Capital on the transaction includes Jonathan Zhu, Derek Wallace, Adam Bloom, Avi Emanuel, Jon Hatcher, and Yokum Taku.
For more information, please see HarperDB's news release.