Ultipa is the only solution vendor that can satisfy our performance and scalability needs while under heavy load, we have explored other brands previously without success.”— Julian H.

 

LEASANTON, CA, USA, January 9, 2024， Ultipa successful closure of a multi-million-dollar deal to provide its cutting-edge real-time graph database and professional services to a strategic new client based in the EMEA region.

In a highly competitive selection process, Ultipa emerged victorious, surpassing major players in the graph database market. This deal represents a significant milestone for Ultipa and reinforces its position as a key player in the industry.

Ricky Sun, CEO of Ultipa, expressed his enthusiasm, stating, "This deal marks a crucial achievement for Ultipa, highlighting our commitment to providing top-notch graph database solutions. It not only solidifies our presence in the EMEA market but also accelerates our ongoing efforts, supporting the next round of financing already in place."

Yuri Simione, EMEA Sales Director at Ultipa, emphasized the significance of the collaboration, stating, "This deal is a milestone for Ultipa as it underscores the strength of our proposition built on Ultipa Graph. We have demonstrated that our technology is not only robust and scalable but also possesses unique capabilities such as real-time graph database functionality and exceptional speed, at the best price. Ultipa has proven itself as a valuable technology partner for large enterprises."

The strategic deal with this prominent EMEA client further cements Ultipa's reputation for delivering innovative solutions to meet the complex data management needs of enterprises.

Related reports:

Ultipa, Inc. Secures a New Multi-Million Dollars Deal for Graph Database and Professional Services with Key EMEA Client

About Ultipa:

Ultipa is a Silicon Valley-based next-generation graph XAI and database company, extending its operations in EMEA and APAC. The team at Ultipa firmly believes that the fusion of graph augmented intelligence and XAI is a catalyst for empowering enterprises in their digital transformation journey. This process necessitates the convergence of data intelligence and infrastructure revolution. 

Ultipa builds the leading graph XAI and database products, enabling the swift devlopment of killer applications in various domains such as Real-time Fraud Detection, Asset Liability Management (ALM), Liquidity Risk Management (LRM), Low-code Graph-augmented AI+BI Platform, Data Governance (RDA), and more. Ultipa has garnered support from prestigious sovereign wealth funds and venture capital firms worldwide.