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SingleStore Selects AppDirect to Power Real-Time Marketplace

SingleStore Connect brings together key partners to drive common objectives and collaborate on complementary capabilities and technologies

SingleStore, the cloud-native database built for speed and scale to power data-intensive applications, announced it has selected AppDirect to power SingleStore Connect, a subscription commerce platform that removes the complexity of building a recurring business model. SingleStore Connect is an interactive marketplace for partners and customers to collaborate, discover new use cases and locate complementary technologies to maximize their SingleStore solution investments.

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“At SingleStore, we are committed to fostering a strong ecosystem by enabling collaboration, delivering value and building more comprehensive solutions,” explained Oliver Schabenberger, chief innovation officer at SingleStore. “It was key for us to create a space where developers and customers can find solutions for their needs delivered from SingleStore and our partners.”

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The new marketplace comes on the heels of SingleStore’s latest funding – a $116 million round led by Goldman Sachs Asset Management earlier this month. SingleStore has almost doubled its headcount in the last 12 months and continues to aggressively hire to meet the demand for its product and services. SingleStore Connect will drive additional momentum as well as product innovations to empower customers to create fast and interactive applications at scale and in real time.

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“Product ecosystems are quickly becoming a key competitive differentiator for software companies, allowing them to more quickly deliver additional innovation and value to their customers, with minimal upfront investment,” said Daniel Saks, AppDirect president and co-founder. “We’re thrilled to partner with SingleStore to power its new, innovative marketplace that will arm partners with more tools and functionality – ultimately helping them to improve productivity and efficiency.”

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[To share your insights with us, please write to sghosh@martechseries.com]

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