fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Featured

Software Startup Hasura enters the unicorn club with a US$100 million fundraise

AsiaTechDaily Writer by AsiaTechDaily Writer
25 February 2022
in Featured, Software
0
Hasura
45
SHARES
Share on FacebookShare on Twitter
Bookmark (0)

Please login to bookmark

No account yet? Register

Developer tools startup Hasura has raised US$100 million in its latest funding round led by venture capital firm Greenoaks. Existing investors Lightspeed Ventures, Nexus Venture Partners, and Vertex Partners also joined the round.

The Series C round brings the total funding raised by Hasura to US$136 million and the company’s valuation at US$1 billion making it the tenth startup this year in India to enter the unicorn club.

Hasura which is based in Bengaluru and San Francisco plans to use the fresh funding to accelerate R&D and expand go-to-market activities globally for its GraphQL Engine.

The new funding has come after the company had raised US$25 million in September 2020 from Lightspeed Venture Partners along with participation from existing investors Nexus Venture Partners, Vertex Ventures US, SAP.iO Fund, and Strive VC.

“Over the last few years, we’ve worked closely with our users and customers to address a massive gap in delivering and consuming data via an API standard that developers love-GraphQL. With this funding round, our investors and the Hasura team are doubling down on our vision to solve data access and unlock the next decade of developer productivity,” said Hasura CEO Tanmai Gopal.

About Hasura

Founded by Tanmai Gopal and Rajoshi Ghosh in 2017, Hasura is a software technology company that builds developer tooling products, including open-source tools, backend as a service, and platform as a service product. The Hasura GraphQL Engine provides GraphQL APIs over new or existing Postgres databases.

The platform is designed to make web application development faster by removing bottlenecks to data access for frontend and full-stack developers. It cuts down the time and niche expertise required to build GraphQL APIs for data access by automating the repetitive work involved in mapping models to APIs with common access patterns like pagination, joining, filtering, setting up authorization rules, and optimizing performance.

The company claims that it has been downloaded over 400 million times and has earned over 25,000 GitHub stars since its inception. Hasura’s customer base includes Swiggy, Airbus, Walmart, BBVA, Pipe, Netlify, and Atlassian.

 

 

Tags: APIssoftware technologyunicornventure capital
Previous Post

D2C Snacking brand Happilo raises US$25 million to fuel its growth plans

Next Post

SaaS-based Smart Logistics Platform Shipsy secures US$25 million funding

Related Posts

edit post
Holmusk
Featured

Healthtech startup Holmusk raises $45m to continue rapid expansion

January 23, 2023
edit post
Jumppoint
Featured

Hong Kong-based logistics platform for e-commerce merchants Jumppoint raises $6.5m in series A

January 16, 2023
edit post
Flik
Featured

Indonesian startup Flik scores $1.1m in East Ventures-led funding round

January 10, 2023
edit post
Alterpacks
Featured

Alterpacks’ commercialization drive gets boost with $1m funding

January 5, 2023
edit post
HD
Featured

Thai healthcare, surgery marketplace HD raises $6m in funding

January 4, 2023
edit post
SeaVantage
Featured

S Korean startup SeaVantage raises $1.3m to expand ocean visibility platform

January 4, 2023
Next Post
edit post
Shipsy

SaaS-based Smart Logistics Platform Shipsy secures US$25 million funding

Discussion about this post

No Result
View All Result

Follow Us

FREE NEWSLETTER




Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback