Hey Hackers!
Welcome back to our weekly HackerNoon Company of the Week series! Every week, we introduce a prominent tech enterprise from our tech company database, in an effort to recognize their impact on the industry. This comprehensive database ranks S&P 500 companies alongside the most innovative startups of the year, presenting a diverse range of industry excellence.
This week, we present to you: Neo4j, the world’s leading graph database that revolutionizes how data is stored, processed, and utilized. With native graph storage and processing, Neo4j empowers developers to create GenAI applications anchored in knowledge graphs through its GraphRAG Ecosystem Tools. This cutting-edge ecosystem provides context-rich, deeply explainable AI solutions backed by the only knowledge graph with native vector search, delivering performance 1000X faster than SQL. With 60+ graph algorithms, 160M+ downloads, and a global community of over 230K developers, Neo4j is driving innovation and scalability across industries.
Neo4j recently announced a major milestone, surpassing $200M in annual recurring revenue and doubling its ARR over the past three years. With a $2B+ valuation, Neo4j is driving the adoption of GenAI-driven graph technology, serving 84% of Fortune 100 companies.
“This milestone is a testament to the growing recognition of graph technology as foundational to the new data stack. Neo4j empowers customers to transform data into knowledge, unlocking insights and possibilities that weren’t possible before. We’re now at the forefront of a seismic shift in how organizations achieve this with GenAI, with Neo4j uniquely positioned to enable this new wave of innovation.”
-Emil Eifrem, Co-Founder and CEO, Neo4j
Their cloud offering has grown fivefold, and they lead the graph database market with a 44% share. As graph technologies become essential for AI systems, Neo4j continues to set the standard for innovation and scalability.
HackerNoon and Neo4j’s collaboration has grown over the years, evolving from business blogging to a pivotal partnership in November 2024 for Neo4j’s flagship event, NODES 2024.
Celebrating its sixth year, NODES 2024 brought together thousands of developers and data scientists in a free, 24-hour conference to explore graph-powered applications and contextual AI. Last year’s event showcased cutting-edge sessions on hot topics like Retrieval-Augmented Generation (RAG) and AI orchestration frameworks, along with deep-dive workshops on graph solutions. With live presentations, interactive Q&As, and a global community spanning time zones, NODES 2024 solidified its place as the must-attend event for graph and AI enthusiasts. HackerNoon proudly supported the event through targeted ads and newsletter campaigns, amplifying Neo4j’s mission to lead the graph-powered AI revolution.
Neo4j announces Neo4j 5.26 as their Long-Term Support (LTS) release. Learn more here.
That’s all for this week,
See you in the next one!
-The HackerNoon Team