One company that supports query and analysis of fast-moving enterprise data is growing fast as well.

After expanding its business 200% in 2018, MemSQL Inc. grew an additional 75% in 2019 and just raised $50 million in debt facility to capitalize its operations for the next several years.

MemSQL’s relational real-time database analyzes data across hybrid computing environments, powers algorithmic trading for three major financial institutions, and supports the highly data-centric needs of large telecom carriers.

“What we do as a technology company, and a lot of companies in our genre do, is called hard tech,” said Raj Verma (pictured), co-chief executive officer of MemSQL. “It takes a lot of talent, time, resources, money, clarity of thought to build something which will solve the problems of today and tomorrow. How you marry real-time information with historical information in the cheapest, easiest-to-deploy flexible architecture is of paramount importance. That’s exactly what we do.”

Verma spoke with Lisa Martin, host of theCUBE, SiliconANGLE Media’s livestreaming studio. They discussed MemSQL’s role in enterprise decision-making and the company’s work in support of efforts to combat the global pandemic. (* Disclosure below.)

‘Platform of now’

MemSQL’s real-time approach toward operational analytics and cloud native applications has received a tailwind in recent months as companies increasingly move to cloud environments and rely on data to make key business decisions.

“Today, the challenges that we have are the real-time nature of decision making, of interactions, experiences, security, and compliance,” Verma said. “Our ‘why’ is very simple: We want to be the platform of decision-making — or what we call the platform of now.”

Being the platform of “now” has presented MemSQL with an opportunity to offer its technology in support of efforts to combat the global pandemic. In June, the company announced that it would enable in-the-moment analytics for a contact tracing app developed by one of Thailand’s leading telecommunications carriers.

“Having data now to make decisions is more important than ever before,” Verma said. “In leadership, one thing they never tell you is you don’t find the event, the event finds you.”

Watch the complete video interview below, and be sure to check out more of SiliconANGLE’s and theCUBE’s CUBE Conversations. (* Disclosure: MemSQL Inc. sponsored this segment of theCUBE. Neither MemSQL nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Photo: SiliconANGLE