# We Raised another $46M - What's Next?

DevFeed: [We Raised another $46M - What's Next?](<https://devfeed.tech/articles/we-raised-another-46m-what-s-next-5786.md>)

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

Author: Nikita Shamgunov

Published: 2023-08-02T15:35:55Z

Content type: article

Language: en

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

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

Tags: [cloud](<https://devfeed.tech/tags/cloud.md>), [company](<https://devfeed.tech/tags/company.md>), [database](<https://devfeed.tech/tags/database.md>), [infrastructure](<https://devfeed.tech/tags/infrastructure.md>), [open-source](<https://devfeed.tech/tags/open-source.md>), [postgres](<https://devfeed.tech/tags/postgres.md>)

## AI overview

Neon discusses its $46M funding round and argues that managed Postgres is foundational infrastructure for modern cloud applications.

## Source excerpt

For anyone that has been paying attention, the 30M and now 46M funding rounds for Neon seems like an awful lot of money for a two year old company of just over 50 people. Funding is great and we are great believers in "raise it when you can not when you have to" but as [...]