# Neon doubles funding to $54M

DevFeed: [Neon doubles funding to $54M](<https://devfeed.tech/articles/neon-doubles-funding-to-54m-5300.md>)

Original publisher: [Read original article](<https://neon.com/blog/funding-a1>)

Author: Stas Kelvich

Published: 2022-07-26T13:03:13Z

Content type: news

Language: en

Sources: [Blog -- Neon Docs](<https://devfeed.tech/sources/blog-neon-docs.md>)

Topics: [Database](<https://devfeed.tech/topics/database.md>)

Tags: [architecture](<https://devfeed.tech/tags/architecture.md>), [cloud](<https://devfeed.tech/tags/cloud.md>), [company](<https://devfeed.tech/tags/company.md>), [developer-experience](<https://devfeed.tech/tags/developer-experience.md>), [developer-productivity](<https://devfeed.tech/tags/developer-productivity.md>), [github](<https://devfeed.tech/tags/github.md>), [postgres](<https://devfeed.tech/tags/postgres.md>), [series](<https://devfeed.tech/tags/series.md>), [serverless](<https://devfeed.tech/tags/serverless.md>)

## AI overview

Neon announces a $30M Series A-1 round, bringing total funding to $54.3M. The company plans to expand its engineering, go-to-market, developer relations, cloud regions, and Postgres product features, including serverless compute and database branching.

## Source excerpt

Neon just completed our Series A-1 round, raising $30M to more than double our total funding to $54.3 million. This latest injection of capital means we're ready to give developers the best Postgres experience in the cloud. How we're capitalizing on this investment With this new...