PhoenixAI Launches as Agentic AI Database and Appoints Rick Underwood as President

May 21, 2026
PhoenixAI has launched as the Agentic AI Database, designed to give AI agents sub-second access to live enterprise data, and named Rick Underwood as President to lead its next phase of growth.

PhoenixAI has launched as the Agentic AI Database, an analytical engine built for AI agents to query live enterprise data with sub-second latency and high concurrency, announced in a press release. The company also appointed Rick Underwood as President to oversee growth, customer delivery, and operations.

PhoenixAI is designed for workloads where thousands of AI agents simultaneously query and act on large volumes of live data. The system unifies real-time and historical data in a single engine to simplify management and reduce costs. It includes governance features such as data sovereignty controls, role-based access, SOC 2 compliance, and encryption.

Underwood previously served as CEO of Clumio, which was acquired by Commvault. He held leadership roles at Snowflake, Wavefront, and Semmle, contributing to their acquisitions or IPOs. PhoenixAI is available as a Bring Your Own Cloud deployment and as a self-hosted option named PhoenixAI Anywhere.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like Enterprise AI Brief or Daily AI Brief.

Also, consider following us on social media:

Enterprise AI AI Brief AI Brief (X)

More from: Enterprise

05/21
Novity and Chiyoda Partner to Integrate Predictive Maintenance AI with plantOS
05/21
Novity Receives Strategic Investment from Acario Innovation
05/21
Exiger to Provide Supplier Risk Intelligence for Vodafone and Telenor Procurement Operations
05/21
HCLTech Report Warns 43% of Enterprise AI Projects May Fail
05/21
Nominal Rebrands Around Agentic Performance Management for Finance

Subscribe to Enterprise AI Brief

Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.

AI Token Webinar

Market report

Superagency in the Workplace: Empowering People to Unlock AI’s Full Potential

This report explores the transformative potential of artificial intelligence in the workplace, emphasizing the readiness of employees versus the slower adaptation of leadership. It highlights the significant productivity growth potential AI offers, akin to historical technological shifts, and discusses the barriers to achieving AI maturity within organizations. The report also examines the role of leadership in steering companies towards effective AI integration and the need for strategic investments to harness AI's full capabilities.

Read more

You May Also Like