“Database startup Cockroach Labs Inc. has achieved unicorn status after raising $160 million at a $2 billion valuation, double what it was worth last May.

The round, disclosed today, was led by Altimeter Capital. It also saw the participation of other familiar names from the tech investment ecosystem including Alphabet Inc.’s GV venture capital arm, Index Ventures and Tiger Global, among others.

Cockroach Labs provides a cloud-native SQL database called CockroachDB that is compatible with Kubernetes. The database’s name is a nod to its resilience: CockroachDB can keep a company’s information accessible even in the event of a major technical malfunction, such as if an entire rack of servers inside a data center goes offline. “


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