EURAZEO INVESTS IN NEO4J, THE LEADER IN GRAPH DATABASE TECHNOLOGY

Paris, June 18, 2021

Eurazeo announces a $100 million investment in Neo4j, the leader in graph database technology. Eurazeo, through its Growth strategy*, is leading this round of $325 million alongside new investors, including GV (formerly Google Ventures), and existing investors.

Neo4j is the first investment of Eurazeo's Growth team in the US.

Headquarted in California (USA), Neo4j has 500 employees across 5 offices and serves more than 800 enterprise customers across the world, including Adobe, AstraZeneca, eBay, Levi Strauss & Co, NASA, UBS, Volvo Cars and Walmart.

Founded in 2007, Neo4j's graph database solution and tools help businesses to significantly accelerate management of complex data processes and facilitate real-time decision making in a more powerful, simpler and speedier way. Its graph data platform stores and manages data in its rawest format, thereby preserving valuable inter-data relationships that legacy databases are not able to capture. As a result, businesses can run faster queries and deeper contextual analyses on the most complex type of data using simple to modify, visual models.

Neo4j has seen a rapid adoption of its technology given the breadth of sectors - from traditional to high tech industries - and the variety of use cases it can address. Examples include delivering personalized product recommendations in real time, exposing criminal networks responsible for cyber-attacks, and visualizing money laundering activities.

As the graph category creator, Neo4j has built a fast growing global community of hundreds of thousands application developers and data scientists. These experts are building applications that leverage digitizing connections in data at scale, critical to accelerate the adoption of this new generation of databases.

Today, Neo4j is the world's most widely deployed graph database used by more than 75% of Fortune 100 companies to enable mission-critical workloads.

Neo4j's market leadership is accelerating along several axes. Today's funding fuels the company's product innovation to provide graph technology that exceeds the most demanding customer requirements across data science, machine learning, cloud deployment, and real-time performance.

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The company plans to use the investment to accelerate along three primary dimensions:

  • Cloud portfolio - delivering a portfolio of multi-cloud services that can serve individual developers all the way through to the largest global enterprises.
  • Graph data science - powering a new era of intelligent applications with enhanced machine learning models to unlock otherwise inaccessible relationship-based predictions.
  • Market reach - expanding Neo4j's global footprint, and growing the company's ecosystem of complementary technologies and service providers, in order to deliver complete solutions and accelerate customer success.

Yann du Rusquec, Partner, Growth team stated:

  • We are strong believers in Graph Database and have witnessed, notably through some of our portfolio companies, an exponential increase
    in adoption and usage over the last few years. This is why we are thrilled to partner with Neo4j, the pioneer and undisputed leader in the sector, and leverage our global platform to help the
    company fulfil its vision. »

Nathalie Kornhoff-Brüls,Managing Director, Growth added:

"We chose to invest in Neo4j because it is shaping the future of how data and analytics will need to be implemented in the enterprise and beyond. The company's technology leadership, global developer community, and world-class customer base - combined with an ever-expanding global ecosystem - uniquely position Neo4j to continue to define and lead the graph database category. We couldn't be prouder to have been chosen as partner by Emil and his team for the company's journey ahead"

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ABOUT EURAZEO

  • Eurazeo is a leading global investment group, with a diversified portfolio of €22.7 billion in assets under management, including €16.0 billion from third parties, invested in 450 companies. With its considerable private equity, private debt, real estate and infrastructure expertise, Eurazeo accompanies companies of all sizes, supporting their development through the commitment of its nearly 300 professionals and by offering deep sector expertise, a gateway to global markets, and a responsible and stable foothold for transformational growth. Its solid institutional and family shareholder base, robust financial structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over the long term.
  • Eurazeo has offices in Paris, New York, Sao Paulo, Seoul, Shanghai, Singapore, London, Luxembourg, Frankfurt, Berlin and Madrid.
  • *The Eurazeo' s Growth strategy is managed by Eurazeo Investment Manager
  • Eurazeo is listed on Euronext Paris.
  • ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA

EURAZEO CONTACTS

PRESS CONTACT

Virginie Christnacht

David Sturken

HEAD OF COMMUNICATIONS

MAITLAND/AMO

vchristnacht@eurazeo.com

dsturken@maitland.co.uk

+33 (0)1 44 15 76 44

+44 (0) 7990 595 913

Pierre Bernardin

HEAD OF INVESTOR RELATIONS

pbernardin@eurazeo.com

+33 (0)1 44 15 16 76

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Eurazeo SA published this content on 18 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 June 2021 05:40:06 UTC.