PingCAP
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| Type | Private |
|---|---|
| Industry | Enterprise software |
| Founded | 2015 |
| Founders | Max Liu, Dongxu Huang, Qiu Cui |
| Headquarters | , United States |
| Key people | Max Liu (co-founder and CEO) Dongxu Huang (co-founder and CTO) |
| Products | TiDB, TiKV, TiDB Cloud |
Number of employees | c. 500 (2026) |
| Website | www |
PingCAP is an enterprise software company that develops TiDB, an open-source distributed SQL database, and TiKV, its underlying distributed key-value storage engine. Founded in Beijing in 2015, the company later established its headquarters in Sunnyvale, California, and also has offices in Singapore, Kuala Lumpur, and Tokyo.[1][2]
History
[edit]PingCAP was founded in Beijing in 2015 by Max Liu, Dongxu Huang, and Qiu Cui, who had previously worked together on Redis infrastructure at the Chinese internet company Wandou Labs.[1] The founders had earlier collaborated on Codis, an open-source clustering solution for Redis.[3]
The company released the first general availability version of TiDB in October 2017.[4] TiDB's storage layer, TiKV, was accepted into the Cloud Native Computing Foundation as a sandbox project in August 2018,[5] moved to incubation in May 2019,[6] and graduated in September 2020.[7]
In 2020, engineers from PingCAP published "TiDB: A Raft-based HTAP Database" at the International Conference on Very Large Data Bases (VLDB), describing the system's approach to combining transactional and analytical processing on a single data set.[8]
PingCAP announced TiDB Cloud, a managed service offering of TiDB, in beta in June 2020.[9] In October 2025, the company announced TiDB X, a revised architecture that uses cloud object storage as the primary persistence layer and separates compute from storage.[10]
Products
[edit]PingCAP's principal product is TiDB, a MySQL-compatible distributed SQL database released under the Apache 2.0 license. TiDB supports hybrid transactional and analytical processing (HTAP) workloads using two storage engines: TiKV, a row-oriented store, and TiFlash, a column-oriented store.[11] TiDB also provides a vector data type and vector indexing, allowing it to be used for retrieval-augmented generation applications.[12]
The company offers TiDB Cloud, a managed service available on Amazon Web Services, Microsoft Azure, Google Cloud Platform, and Alibaba Cloud in addition to self-managed distributions.[13]
Funding
[edit]PingCAP raised a $15 million Series B round in 2017 led by China Growth Capital, with participation from Matrix Partners China, Yunqi Partners, FreeS Fund, and K2VC,[1] and a $50 million Series C round in 2018.[14] In November 2020 the company announced a $270 million Series D round jointly led by GGV Capital, Access Technology Ventures, Anatole Investment, Jeneration Capital, and 5Y Capital, bringing total funding to approximately $342 million.[9][15][16] In July 2021, PingCAP raised an additional undisclosed amount from investors including GIC, Sequoia Capital China, and Future Capital, at a reported valuation of $3 billion.[14]
Open source
[edit]TiDB and TiKV are both developed publicly on GitHub under the Apache 2.0 license.[17] TiKV is a graduated project of the Cloud Native Computing Foundation.[7]
References
[edit]- 1 2 3 "Chinese Software Startup PingCAP Raises $15M in Series B" (Press release). PR Newswire. 2017-06-20. Retrieved 2026-08-12.
- ↑ "About PingCAP". PingCAP. Retrieved 2026-08-12.
- ↑ Hall, Susan (2017-04-17). "TiDB Brings Distributed Scalability to SQL". The New Stack. Retrieved 2026-08-12.
- ↑ "TiDB 1.0 release notes". GitHub. Retrieved 2026-08-12.
- ↑ Evans, Kristen (2018-08-28). "CNCF to Host TiKV in the Sandbox". Cloud Native Computing Foundation. Retrieved 2026-08-12.
- ↑ "TOC Votes to Move TiKV into CNCF Incubator". Cloud Native Computing Foundation. 2019-05-21. Retrieved 2026-08-12.
- 1 2 "Celebrating TiKV's CNCF Graduation". TiKV. 2020-09-02. Retrieved 2026-08-12.
- ↑ Huang, Dongxu; et al. (2020). "TiDB: A Raft-based HTAP Database". Proceedings of the VLDB Endowment. 13 (12).
- 1 2 "Open-Source Company PingCAP Announces $270 Million Series D Funding" (Press release). PR Newswire. 2020-11-17. Retrieved 2026-08-12.
- ↑ "TiDB X Architecture". PingCAP. Retrieved 2026-08-12.
- ↑ Xu, Kevin (2018-10-17). "How TiDB combines OLTP and OLAP in a distributed database". InfoWorld. Retrieved 2026-08-12.
- ↑ "TiDB Vector Search". PingCAP. Retrieved 2026-08-12.
- ↑ "TiDB Cloud release notes". PingCAP. Retrieved 2026-08-12.
- 1 2 "PingCap powers through to $3bn valuation". Global Corporate Venturing. 2021-07-21. Retrieved 2026-08-12.
- ↑ Lunden, Ingrid (2020-11-16). "PingCAP, the open-source developer behind TiDB, closes $270 million Series D". TechCrunch. Retrieved 2026-08-12.
- ↑ "US-based enterprise software firm PingCap nets $270m in Series D round". DealStreetAsia. 2020-11-17. Retrieved 2026-08-12.
- ↑ "pingcap/tidb". GitHub. Retrieved 2026-08-12.