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Yugabyte stores up $188M more for its open-source distributed SQL database model, now valued at $1.3B+ – TechCrunch

Today’s world is run on data, and the amount of it that is being produced, managed and used to power services is growing by the minute — to the tune of some 79 zettabytes this year, according to one estimate. Today, a company called Yugabyte, which has built an open-source distributed SQL database model to […]
Mikhail Bautin Bill Cook Kannan Muthukkaruppan Wells Fargo Sapphire Ventures Alkeon Capital

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Yugabyte announces $48M Series C as cloud native database makes enterprise push – TechCrunch

Yugabyte announces $48M investment as cloud-native database makes enterprise push As demand for cloud-native applications is growing, Yugabyte, makers of the cloud-native, open-source YugabyteDB database, is seeing a corresponding rise in demand for its products, especially with large enterprise customers. Today, the company announced a $48 million financing round to help build on that momentum. The round is an extension of the startup’s $30 million Series B last June. Lightspeed Venture Part...
Karthik Ranganathan Bill Cook Kannan Muthukkaruppan Greenspring Associates Venture Partners Dell Technologies Capital

Yugabyte Raises $48 Million Funding Round to Accelerate Distributed SQL Enterprise Adoption and Fuel Global Expansion

(1) Hudson River Trading Joins Rapidly Growing Roster of Enterprise Customers; Company Acquires Falarica.io to Fuel APAC R&D and Recruiting Yugabyte, the leader in open source distributed SQL databases, today announced a $48 million funding round led by Lightspeed Venture Partners with additional participation by Greenspring Associates, Dell Technologies Capital, Wipro Ventures and 8VC. Coming on the heels of a $30 million capital raise announced in June 2020, the round brings Yugabytes tot...
Ravi Mhatre Kostenloser Wertpapierhandel Kannan Muthukkaruppan Company Acquires Falarica Greenspring Associates Enterprise Customers

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