Hasura raises $25m in funding led by Lightspeed Venture Partners | FI SENSE


San Francisco and Bengaluru based data access infrastructure company, Hasura has raised US$25 million in Series B funding in a press statement dated September 10, 2020.

The round was led by U.S.-based VC firm Lightspeed Venture Partners. Other investors that patronized the round include Microsoft Chairman John Thompson, as well as existing backers India-U.S. venture fund Nexus Venture Partners, and Tokyo-based Strive VC, and U.S.-based Vertex Ventures US and SAP.iO Fund, the statement noted.

Harusa will invest the proceeds of the investment to accelerate its hiring and will invest in open source and commercial product development.

The company has extended support for all three major database technologies. “We want our users to be able to access that data instantly with Hasura’s secure, scalable data access infrastructure, so adding support for MySQL and SQL Server was our obvious next step. It opens up huge potential for all the developers who need to access the vast amounts of data that lives in MySQL and SQL Server today,” said Tanmai Gopal, cofounder and CEO at Hasura

“We’re very impressed by how developers have taken to Hasura and embraced the GraphQL approach to building applications. Particularly for front-end developers using technologies like React, Hasura makes it easy to connect applications to existing databases where all the data is without compromising on security and performance,” said Gaurav Gupta, partner at Lightspeed Venture Partners.a



Leave a Reply

Your email address will not be published. Required fields are marked *

FI Sense