A new generation of database products and companies is beginning to emerge,and one of the more interesting examples is Neo Technology,the developer and vendor of the neo4j graph based database (graph in the data structure sense).The neo4j product has been in development for over 8 years, and Neo Technology are announcing a new $2.5M round of funding.

The company has been developing the neo4j project as a commercial product, and is now taking it to market with a dual-license model.

Neo4j is a graph database. It is an embedded, disk-based, fully transactional Java persistence engine that stores data structured in graphs rather than in tables. A graph (mathematical lingo for a network) is a flexible data structure that allows a more agile and rapid style of development
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