USA – Hasura, a San Francisco, CA-based GraphQL innovation leader, raised $100M in Series C funding at a $1 Billion valuation.
The round was led by Greenoaks with participation from existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures.The company intends to use the funds to accelerate research and development and expand go-to-market activities globally for its GraphQL Engine.
Led by CEO Tanmai Gopal, Hasura provides the GraphQL Engine, which makes it fast and easy for even those with zero GraphQL expertise to compose a GraphQL API from existing APIs and databases. It provides data APIs that are able to connect to multiple services and data sources, embed domain-specific authorization logic, and provide the necessary security and performance/concurrency. Hasura has been downloaded more than 400M times and has earned more than 25,000 GitHub stars since its introduction in 2018.
22/02/2022
