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title: We Raised another $46M | daily.dev
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# We Raised another $46M

**[Neon](https://daily.dev/sources/neontech)** · 5 min read · 0 upvotes · 0 comments

## Summary

Neon announces a $46M Series B funding round and outlines its strategy to become the default serverless Postgres provider in the cloud. The post argues that Postgres has won the relational database market, that hyperscalers are not the ideal solution for all developers, and that Neon's focus on serverless, edge functions, and vector search positions it to compete by innovating in areas too small for large cloud vendors to prioritize. Partners like Vercel, Replit, and Hasura are already on board.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://neon.com/blog/series-b-funding>

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---

Tags: [#postgresql](https://daily.dev/tags/postgresql), [#serverless](https://daily.dev/tags/serverless), [#vector-search](https://daily.dev/tags/vector-search)

[View this post on daily.dev](https://daily.dev/posts/we-raised-another-46m-enl912b5k)

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