Munich Startup: What does CedarDB do? What problem does it solve?
CedarDB: CedarDB is a powerful, universal database systemIt handles complex queries, high-frequency transactions, and everyday reporting with ease. Developed based on decades of research at the Technical University of Munich, CedarDB is the ideal technological foundation for data-driven projects: efficient, versatile, and ready to use.
Munich Startup: Hasn't this been around for a long time?
CedarDB: Database systems have existed for many decades and are used in virtually every company today. However, processor and memory technologies have advanced dramatically in recent decades. We therefore developed CedarDB from the ground up to fully utilize modern hardware. CedarDB is based on the insights gained over the past 50 years in the field of database systems and is designed for the data processing of the future.
Munich Startup: What is your founding story?
CedarDB: We met during our doctoral studies at the Technical University of Munich. There, we worked on the research project on which CedarDB is based. We soon realized that our technology could also solve urgent problems outside of science. Therefore, after completing our doctorates, we founded our Startup spun off from TUM.
CedarDB: Technology & Entrepreneurship
Munich Startup: What have been your biggest challenges so far?
CedarDB: In our research, we focused on highly technical problems and successfully solved them. However, many other aspects are important for developing a product and building a startup, not just the speed or efficiency of the technology. In the last few months, we've learned a lot about how to build a stable product and a growing company on top of a technology.
Munich Startup: Where would you like to be in one year, where in five years?
CedarDB: We know that CedarDB can immediately lead to significant cost savings in certain industries and enable projects that were previously impossible due to outdated technology. In a year's time, we hope to see several companies in one of these industries, for example, in the fintech sector, successfully using CedarDB.
In the long term, most companies can benefit from more efficient data processing and analysis. In five years, we aim to demonstrate, based on the industries we initially focused on, that CedarDB can sustainably improve a wide variety of companies and use cases.
Munich: Best location for B2B startups
Munich Startup: How have you experienced Munich as a startup location so far?
CedarDB: So far, we've been able to take advantage of many of Munich's startup offerings: From startup consulting directly at TUM to the TUM Incubator, we finally participated in the Xpreneurs program offered by UnternehmerTUM. Munich also boasts many interesting VC investors, and international investors, especially from the US, are showing great interest in the Munich startup scene. In our opinion, Munich is the best startup location in Germany for B2B startups.
Munich Startup: Quick exit or long breath?
CedarDB: We spent six years working on our research project before founding our company. We know it takes time to gain customers' trust and convince them to switch to a revolutionary new database system. In our market, staying power is essential.
