About TigerBeetle

TigerBeetle is a distributed financial transactions database engineered for high-performance online transaction processing, achieving up to 1000x faster speeds than traditional databases. It ensures mission-critical safety and fault tolerance through strict serializability and advanced storage techniques, making it ideal for applications like core banking and high-volume trading.

```xml <problem> Traditional databases often struggle to handle the high throughput and low latency requirements of online transaction processing (OLTP) workloads, leading to performance bottlenecks and increased costs. Existing solutions may also lack the strict serializability and fault tolerance needed for mission-critical financial applications. </problem> <solution> TigerBeetle is a distributed financial transactions database designed to address the performance and safety limitations of general-purpose databases in OLTP environments. By redesigning the storage engine and consensus protocol, TigerBeetle achieves up to 1000x faster performance than traditional databases. It enforces financial consistency, guarantees strict serializability without relying on clock synchronization, and provides fault tolerance through protocol-aware recovery, ensuring data integrity and high availability. The database is designed for debit/credit operations and can process thousands of transactions in a single query. </solution> <features> - Redesigned distributed database storage engine and consensus protocol optimized for OLTP workloads - Strict serializability without betting correctness on clock sync - Protocol-Aware Recovery for fault tolerance, utilizing global redundancy to survive local storage faults - Support for double-entry accounting with enforced financial consistency - Ability to process thousands of debit/credit transactions in a single query - Static memory allocation for predictable latencies - Deterministic simulator and model checking techniques for comprehensive testing, including fault injection - Multi-AZ/Region/Cloud deployment with automated failover using the VSR consensus protocol - Support for powerful primitives such as two-phase transfers, inflight balances, and multi-tenant currencies </features> <target_audience> TigerBeetle targets organizations requiring high-performance, fault-tolerant transaction processing, including those in core banking, high-volume trading, instant payments, and other financial services. </target_audience> ```

What does TigerBeetle do?

Where is TigerBeetle located?

TigerBeetle is based in San Francisco, United States.

When was TigerBeetle founded?

TigerBeetle was founded in 2022.

How much funding has TigerBeetle raised?

TigerBeetle has raised 24000000.

Location

San Francisco, United States

Founded

2022

Funding

24000000

Employees

14 employees

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

TigerBeetle

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

tigerbeetle.com 2K+

Crunchbase

Founded 2022 – San Francisco, United States

Funding

Estimated Funding

$20M+

Team (10+)

No team information available.

Company Description

Problem

Traditional databases often struggle to handle the high throughput and low latency requirements of online transaction processing (OLTP) workloads, leading to performance bottlenecks and increased costs. Existing solutions may also lack the strict serializability and fault tolerance needed for mission-critical financial applications.

Solution

TigerBeetle is a distributed financial transactions database designed to address the performance and safety limitations of general-purpose databases in OLTP environments. By redesigning the storage engine and consensus protocol, TigerBeetle achieves up to 1000x faster performance than traditional databases. It enforces financial consistency, guarantees strict serializability without relying on clock synchronization, and provides fault tolerance through protocol-aware recovery, ensuring data integrity and high availability. The database is designed for debit/credit operations and can process thousands of transactions in a single query.

Features

Redesigned distributed database storage engine and consensus protocol optimized for OLTP workloads

Strict serializability without betting correctness on clock sync

Protocol-Aware Recovery for fault tolerance, utilizing global redundancy to survive local storage faults

Support for double-entry accounting with enforced financial consistency

Ability to process thousands of debit/credit transactions in a single query

Static memory allocation for predictable latencies

Deterministic simulator and model checking techniques for comprehensive testing, including fault injection

Multi-AZ/Region/Cloud deployment with automated failover using the VSR consensus protocol

Support for powerful primitives such as two-phase transfers, inflight balances, and multi-tenant currencies

Target Audience

TigerBeetle targets organizations requiring high-performance, fault-tolerant transaction processing, including those in core banking, high-volume trading, instant payments, and other financial services.