Graph database startup Graphwise said today it has secured a significant investment from the European venture capital firm Oakley Capital as it looks to beef up its go-to-market strategy and expand globally.
It will also use the funds to pursue strategic acquisitions, it said. Oakley has acquired a majority stake in the Bulgarian startup from a consortium of investors that include Integral Capital Group, PortoLion Capital Partners, Carpathian Partners and the European Bank for Reconstruction and Development. It did not disclose the size of the deal.
Graphwise is the creator and developer of an open-source graph database called GraphDB, which makes it possible to store contextual data alongside business records, such as information about which specific store a sale took place in. This isn’t possible with traditional Structured Query Language databases, because their architecture doesn’t allow for these connections to be discovered easily.
According to Graphwise, the GraphDB platform is designed to address the gap between raw data and the need for actionable knowledge that can enhance the capabilities of large language models. So instead of treating content and data as separate concerns, it creates an intelligent fabric that connects them together.
To do this, GraphDB is based on a knowledge graph that provides a dynamic, interconnected view of enterprise content and how it relates to the database records. It works by encoding relationships, hierarchies and metadata in such a way that AI models can derive user’s intent, suggest related topics and support scenario-based recommendations.
For instance, documents will be auto-tagged with both user-specified taxonomies and content-derived semantics. The key element here is GraphDB’s so-called “semantic layer,” which is uniquely able to manage both structured data and unstructured content, while maintaining consistent semantic metadata that ties this information together.
