PhoenixAI raises $80M to drive the development of agentic AI-ready database technology
PhoenixAI Inc., formerly known as CelerData, today announced it raised $80 million in new funding to fuel the development of the company’s artificial intelligence-native database and expand governance for regulated industries.
Sky9 Capital led the Series B round, with participation from Atypical Ventures and Olive Technology Ventures, and previous investors.
As agentic AI has shifted from planning and prototyping to production, it has brought AI agents from experiment to large-scale patterns. Instead of development boxes and virtual machines running small workloads, swarms of AI agents now spray databases with thousands or millions of questions a second that modern data stacks strain under.
PhoenixAI built what it calls an agentic AI-ready analytical database prepared to serve this new era of agents and the scaling enterprise demand.
