Graph database firm Neo4j raises $80 million in funding round

By Jane Lanhee Lee

SAN FRANCISCO (Reuters) – Neo4j Inc, a graph database firm whose technology was used in investigating the “Panama Papers,” said on Thursday it closed an $80 million Series E funding round led by One Peak Partners and Morgan Stanley Expansion Capital.

Graph databases can be used to answer queries with diagrams and charts that illustrate relationships, such as showing how people in a group are related to one another.

Journalists investigating the Panama Papers, documents showing offshore tax havens used by wealthy individuals, used a graph database to help sort through 2.6 terabytes of data, including emails, PDFs and images.

The database found relationships between names, which gave journalists leads to follow, according to a blog by an editor of the International Consortium of Investigative Journalists, which led the Panama Papers investigation.

The latest fund raising brings Neo4j’s total fund raising to $160 million. The company, based in San Mateo, California,

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