Neon, an open source database startup, has raised $104 million in funding, backed by leading investors including Menlo Ventures and Khosla Ventures. It offers a serverless Postgres platform that allows developers to build reliable and scalable applications faster. Neon separates compute and storage, similar to AWS Aurora, to offer developer features like autoscaling, branching, point in time restore, and more. Today, Neon announced a $25 million strategic investment led by M12, Microsoft Vent
